Women, Retirement, and Money: Closing the Gap
While retirement savings rates among women are catching up to those of men, the average salary deferral rate for women still lags behind those of their male counterparts. Click here to read more.
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Retirement Benefits: EEOC Allows Employers to Coordinate Retirees’ Health Benefits with Medicare
A new U.S. Equal Employment Opportunity Commission (EEOC) rule gives employers some relief regarding their ability to reduce or eliminate retirees’ healthcare benefits once they become eligible for Medicare. Such a reduction or elimination will not violate the Age Discrimination in Employment Act (ADEA), the federal statute that prohibits age-based discrimination, the new rule states. […]
Family And Medical Leave: Court Says Employers Must Notify Workers How “12-Month Period” For Leave Entitlement Will Be Calculated; 3 Practical Steps
Employees who qualify for federal family leave may take up to 12 workweeks of leave within a 12-month period. An employer may choose one of four methods to measure the 12-month timespan, such as a calendar year or a rolling 12-month period. Now, a new ruling from the federal Ninth Circuit Court of Appeals demonstrates […]
News Notes: COBRA Notice To Employee Must Also Go To Spouse
Employers with 20 or more employees who provide health benefits must notify terminated workers of their continuation rights under COBRA. But a new federal appeals court ruling has confirmed you’re required to separately notify the employee and the worker’s spouse of their COBRA rights.7 To protect yourself, Ina Potter, a partner with the San Francisco […]
Hot List: New York Times Bestselling Paperback Business Books
The following is a list of the bestselling paperback business books as ranked by the New York Times on March 23. 1. Suze Orman’s 2009 Action Plan by Suze Orman. Managing your money in hard times. 2. The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell. How and why certain […]
Best Place to Work Builds in Fun, Face-to-Face Time (Video)
Liz Wilson McKee maintains that having fun is a key element of engaging employees. She is the internal communications manager for national law firm Baker, Donelson, Bearman, Caldwell & Berkwitz, one of Fortune Magazine’s “100 Best Companies to Work For in America.” McKee says HR managers should look for opportunities to celebrate. Events can be […]
Pension Plans: DOL Finalizes Form 5500 Electronic Filing Rule
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has published a final regulation requiring pension plans to file Form 5500 annual reports electronically, beginning with 2008 plan year filings (due in 2009). The agency has also proposed changes to update the forms that will be used under the new electronic system. For information […]
Employment Law Tip: Reviewing Your Vacation Policy
It’s that time of year when vacations are in full swing, and maybe all the overlapping vacation requests and questions about how vacation works have exposed some gaps in your vacation policy? If so, it’s time to review your policy. Here are the key areas a comprehensive vacation policy should address: Who is entitled to […]
Employers: “Full Speed Ahead” on Healthcare Reform
By Douglas R. Chamberlain Sulloway & Hollis, P.L.L.C. The U.S. Supreme Court’s historic decision on healthcare reform (also known as the Affordable Care Act, or ACA) will be dissected and argued about for many years to come. The Court essentially upheld all the key elements of the healthcare reform law — most notably the so-called […]
Expanded data security breach laws taking effect in Washington
by Joelle Hong and Amelia Morrow Gerlicher Washington’s expanded data security breach notification laws are set to take effect July 24, meaning employers must make sure they have safe and effective privacy practices in place and are ready to respond in the event of a security breach. Under the old law, businesses that own or […]