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Employee Benefits: New Ruling Clarifies When You Must Notify Employees In Advance Of Changes To Retirement Plans

When modifying a retirement plan or implementing an early retirement incentive program, most employers don’t announce the news until the details are finalized and the program is set to go. Now an important case from the Ninth Circuit Court of Appeals details when you have to give employees advance notice of a new program or […]

‘Women Think Everything Is Domestic Violence’ (Your Manager?)

Although domestic violence, sexual assault or stalking are not on “the list” of protected categories, there are many instances where such behavior—or managers’ attitudes—can violate Title VII and the ADA. DOL’s  recently released Questions and Answers: The Application of Title VII and the ADA to Applicants or Employees Who Experience Domestic or Dating Violence, Sexual […]

Higher PBGC Premiums Make DB Plans More Apt to Borrow

Defined benefit plan sponsors have gained a new incentive to fully fund their pension plans – even if that requires borrowing, according to a recent research report. The Moving Ahead for Progress in the 21st Century Act enacted in mid-2012 raised U.S. Pension Benefit Guaranty Corp. premiums for plan sponsors maintaining an underfunded DB plan, […]

The Number One Lesson in Business

Recently, I spoke to a group of Vanderbilt University students. The university has a class for aspiring entrepreneurs that regularly brings in business owners to share their professional experiences. When I inquired what it was they would like me to speak about, my instructions were to “just tell your story and share the lessons you’ve […]

Connecting Members and Data Promises to Reduce Costs

Tremendous cost-cutting and patient care improvements await insurers and plans that can leverage the recent gains of computing to improve patient self-management of care. The challenge is how to tap the big pools of data, and get “actionable” personalized results out to plan members so they can choose better, cheaper care and manage this care […]