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Shift of Accounts to QDIA From Stable Value Fund Allowed by Courts

By Jane Meacham A plan sponsor’s immunity from financial losses that resulted from its shift of retirement plan participants’ investments into qualified default investment alternatives was upheld by the 6th U.S. Circuit Court of Appeals in its decision in Bidwell v. University Medical Center Inc., Case No. 11-5493 (June 29, 2012). Facts of the Case […]

Plan Identifier Rules Not Written for Self-funded Plans

With the HIPAA deadline for obtaining a health plan identifier less than two months away, plan sponsors have encountered major problems trying to get one — if they’ve started at all, according to a poll conducted by the ERISA Industry Committee. “ERIC’s members are really struggling with the requirements for health plan identifiers,” said Gretchen […]

Psst! I’ll Show You How to Work Around that Policy

Make sure employees know the “why” behind your tech policies, says attorney Lisa Guerin. Otherwise, they’ll find workarounds that could confound—or bring down—your systems. Guerin’s tips come from her recently published book, Smart Policies for Workplace Technologies (NOLO, 2009). She says that you must explain the policies you write about technology. If your employees don’t […]

Employer Shining Beacon During Economic Slump

For the third year, the Wall Street Journal (WSJ) teamed up with Winning Workplaces to create its list of Top Small Workplaces for 2009. As the article notes, when faced with tough economic times, many employers try to cut just about everything that may be considered nonessential, including employee benefits, wellness plans, and other innovative […]

Retention? Who Needs to Worry About That?

Think you don’t have to worry about retention in a down economy? Many experts suggest it’s especially important these days, particularly for the employees you value most. Today’s Advisor explores how one company uses a tiered recognition approach. Effective employee recognition is timely and meaningful, says Tommy Lee Hayes-Brown, AIC, a certified recognition professional and […]

Medical assessment gives reasonable grounds for employee surveillance

by Mikaël Maher Surveillance may be an effective way for an employer to confirm or dispel their doubts about the legitimacy of a disability claim. But when is it legally permissible in Canada? In the recent decision Centre de santé et de services sociaux de la Vallée de la Gatineau v. Martin [1], the Quebec […]