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July 29, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

Employee Benefits Jobs

Retirement Products and Services Officer
for First Merchants Bank in IN

Retirement Plan Administrator
for Locally Based Accounting Firm in IN

Welfare Fund Manager
for Taft-Hartley Welfare Fund in NY

Benefit Counselor
for Univers Workplace Solutions in CA

401K/Pension Administrator
for Benefit & Risk Management Services, Inc. in CA

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Webcasts and Conferences

Bringing Spanish Speakers on Board with Benefits Webcast
Nationwide on August 9, 2011 presented by

Health Care Fraud - Disasters, Impact, Solutions Webcast
Nationwide on August 4, 2011 presented by International Foundation of Employee Benefit Plans

We also publish the BenefitsLink Retirement Plans Newsletter (free): Subscribe

[Guidance Overview]
Denial of Federal Benefits for Same-S.ex Couple Ruled Unlawful
"According to a statement from Stoel Rives LLP, which represented the plaintiff, [the Judge of the U.S. District Court] agreed with [the argument that if either] partner were ma.le, not female, 'Fonberg's compensation would include insurance benefits for her partner.'" (PLANSPONSOR.COM)

6th Annual Obesity and Wellness Congress   [Advert.]

Sponsored by World Congress

Convening providers, payers, employers and public purchasers, the 6th Annual Obesity and Wellness Congress will discuss preventative and collaborative solutions to reverse the nationwide epidemic of obesity.

San Francisco's Employer Health Care Expenditure Rates Increase for 2012
"As you begin your planning for the upcoming 2012 year, you should note the following changes to the minimum amount you must spend to satisfy the [San Francisco Health Care Security Ordinance] during 2012 . . . ." (McKenna Long & Aldridge LLP)

Implications of the 2010 Health Reform Law for Worker Standard-of-Living and Retirement
"The results show that the employer sponsorship of health plans is valuable for maintaining a consistent and higher living standard over the life cycle for the middle- and upper-income households considered here, whereas exchange purchased and subsidized coverage is more beneficial for lower-income households." (Social Science Research Network)

Fate of Proposed Bill to Cap Public Employer Health Care Contributions Remains Uncertain
"The version passed by the Senate proposed to generally limit public employer contributions to no more than 80% of the total premium cost of health coverage provided to employees beginning on January 1, 2012." (Miller, Johnson, Snell & Cummiskey C.L.P.)

Another State Attempts End-Run Around ERISA Preemption (PDF)
See page 6. 'Michigan is looking to impose a 1 percent tax on insured and self-insured claims paid to providers in the state for healthcare services supplied to Michigan residents, becoming the latest among several states looking to raise revenue on the backs of group plan sponsors." (Lockton, Inc.)

Judge Says State Legislation Pre-Empts Local Governments from Enacting Paid Sick-Days
"The [Milwaukee] ordinance, which never went into effect because of the legal challenges, would have required large businesses to provide employees with up to nine sick days a year, while small businesses would have to provide up to five sick days." (Journal Sentinel Inc.)

Average Single Premium Per Enrolled Employee for Employer-Based Health Insurance, 2010
The data may be viewed either as amount or percent paid by employer and by employee. (Henry J. Kaiser Family Foundation)

Number of Private Sector Establishments Offering Health Insurance Coverage by Firm Size, 2010
"The Medical Expenditure Panel Survey IC is an annual survey of establishments that collects information about employer-sponsored health insurance offerings in the United States." (Henry J. Kaiser Family Foundation)

Access to Benefits in Private Industry, March 2011
"Paid leave benefits continued to be the most widely available benefit offered by employers, with paid vacations available to 77 percent of all workers in private industry, and 91 percent of full-time private industry workers." (U.S. Bureau of Labor Statistics)

Benefits in General; Executive Compensation

Home Equity in Retirement
"Retired homeowners dissave more slowly than renters, which suggests that homeownership affects retirees' saving decisions. We investigate empirically and theoretically the life-cycle patterns of housing and total assets in retirement." (Social Science Research Network)

Workers Want Additional Perks during Summer, According to Survey
"Specifically, the majority of respondents (60%) said they want flex time (e.g. Summer Fridays or ability to leave early on certain days) and 53% said they'd like extra vacation days this summer." (PLANSPONSOR.COM)

ESOP and 401(k) Plan Employer Stock Litigation Review 1990-2011
This publication categorizes decisions in ESOP and 401(k) company stock cases from 1990 through mid-2011 and provides brief summaries for the ESOP-related decisions and, starting in 2010, most 401(k) cases. Over 300 decisions are included, including 23 new ESOP cases and 34 401(k) cases added since the 2010 edition. (National Center for Employee Ownership)

Press Releases

PBGC Customer Service Wows
(Pension Benefit Guaranty Corporation (PBGC))

PBGC to Pay Pension Benefits at Alabama Aircraft Industries, Inc.
(Pension Benefit Guaranty Corporation (PBGC))

MEP's Multiply in 2011
(American Pension Services, Inc.)

Proposals to Increase PBGC Premiums on Companies Based on Flawed Assumptions about Agency’s ‘Deficit’
(American Benefits Council)

Call For Nominations: 2012 Excellence in Apprenticeship Training Award
(International Foundation of Employee Benefit Plans)

Department of Labor’s Modifications Should Not Include Individual Retirement Accounts (IRAs)
(American Society of Pension Professionals & Actuaries (ASPPA))

Inaugural Say-on-Pay Proxy Season Brings Few Problems for Most Companies, Although Many Plan Changes for 2012, Towers Watson Survey Finds
(Towers Watson)

AlwaysCare Enhances Group Critical Illness Plans for Families
(AlwaysCare Benefits, Inc.), Inc.
1298 Minnesota Avenue, Suite H
Winter Park, Florida 32789
Phone (407) 644-4146
Fax (407) 644-2151

Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Lois Baker, J.D., President
Holly Horton, Business Manager

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