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August 16, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

Employee Benefits Jobs

401(k) & Vendor Relations Manager
for Sonepar USA in SC

Business Development Associate
for Blue Ridge ESOP Associates in ANY STATE

Senior ESOP Administrator
for Blue Ridge ESOP Associates in ANY STATE

Employee Benefits Attorney
for Harter Secrest & Emery LLP in NY

Manager, Compliance Services - IRC27932
for Lincoln Financial Group in ANY STATE

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Webcasts and Conferences

"Reduced Expectations: Adapting Plans to Economic Reality" Web Seminar
Nationwide on September 13, 2011 presented by SunGard Relius

COBRA and Fiduciary Compliance Workshops
in Alaska on September 7, 2011 presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

COBRA Compliance Workshop
in Washington on August 29, 2011 presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

Health Savings Accounts
Nationwide on September 15, 2011 presented by Lorman Education Services

SPDs for Group Health Plans: Complying With Style and Content Rules
Nationwide on September 15, 2011 presented by EBIA / Thomson Reuters

Understanding the Impact of Health Care Reform on Employers
in Maine on September 23, 2011 presented by Lorman Education Services

Why Is This Guy Still on My Health Plan?
Nationwide on September 26, 2011 presented by Lorman Education Services


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Obama Confident Supreme Court Will Defend Health Care Law
"Days after a federal appeals panel deemed the individual insurance mandate in Obama's health care law unconstitutional, President Obama pushed back today and declared his confidence that the Supreme Court would uphold it, so long as they adhere to existing precedents and laws." (The Wall Street Journal)

IRS to Issue New Health Care Reform Law Affordability Test
"In a proposal that was welcomed by employers, the Internal Revenue Service said it will develop a safe harbor in which coverage would be considered affordable so long as the premium contribution for single coverage did not exceed 9.5 percent of employees' W-2 wages." (Workplace Management: free registration required)

Measuring the Cost Impact of Changes to Government Retiree OPEB Before Contracts Are Signed
"In the corporate world, it is almost unheard of for employers to adjust their retiree benefit promises without first measuring the cost impact. This is especially true of collectively-bargained pension and retiree health plans. Both sides hire an actuary to estimate the cost of these benefits and bring their numbers to the table." (Van Iwaarden Associates)

VEBA Prefunding Can Preserve Tax Advantages of Medicare Subsidy
"By using a VEBA, some plan sponsors may be able to preserve the tax deductibility of some or all of the future retiree prescription drug benefit payments impacted by PPACA." (PricewaterhouseCoopers LLP)

Worker Inactivity: The Next Wellness Frontier?
"Researchers and some employers are using technology to measure the incidence and health impact of worker inactivity due to long periods behind the wheel of a car, or in front of a computer. This article from the online publication MIT Technology Review covers some of the measuring methods in use, including thumb-sized activity monitors called 'Fitbits,' and accelerometers and inclinometers to measure active versus sedentary work time." (E Is for ERISA)

ML Strategies Health Care Reform Update, August 15, 2011 (PDF)
Read this week's update on health care reform legislation, regulations, and initiatives. (ML Strategies, LLC)

ACA Requirements Do Not Weaken Most Employers' Commitment to Health Care Benefits, According to Survey
"More than one-quarter (28%) of the respondents predict that the ACA provisions requiring automatic enrollment of new full-time employees, providing coverage for part-time employees that work at least 30 hours per week, and paying for at least 60% of covered services, will add at least 3% more to their health care costs." (Wolters Kluwer Law & Business / CCH)

Benefits in General; Executive Compensation

Employee Benefits Update, August 2011 (PDF)
The newsletter covers selected compliance deadlines and reminders, retirement plan developments, and, health and welfare plan developments. (Reinhart Boerner Van Deuren s.c.)

Living to 100: Growing Societal Impact and Challenges: Report from a Symposium (PDF)
Pages 10–14. 'There are a number of important societal questions, and the answers will vary by country. Many will not be known for quite a while: What will the age distribution of our population be and how is it changing? Will people be healthy longer as they live longer? What can be done to improve health?" (Society of Actuaries)

Employee Ownership Update for August 15, 2011
NCEO Executive Director Loren Rodgers discusses lower employee turnover at employee-owned companies, a new equity plan at Republic Airlines, experimental economics and employee ownership, a Polish IPO with an equity stake, and the Ownership Thinking conference. (National Center for Employee Ownership)

[Opinion]
Everything You Wanted to Know About TPAs But Were Afraid to Ask
"Like every industry, TPAs could conceivably be crippled or wake up to a different market by the flick of the legislative pen. On the other hand, responsible politicians see that 'single-payer' programs such as Medicare & Medicaid and in other countries is not financially sustainable. So, most of the recent government laws & actions project the continuation of the current benefits system[.] However, no matter what the funding method, TPAs are strictly service providers. They do not participate in the 'risk' of the plan. Thus, future prospects of TPAs are like that of CPA and law firms. There is work to do as long as there is red tape & bureaucratic requirements." (Society of Professional Benefit Administrators)

Press Releases



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