Tag: benefits

Defined benefit retirement plan

PBGC Removes Change in Credit Quality as Possible Trigger for Early Warning Program Review

The Pension Benefit Guaranty Corporation (PBGC) in early May clarified guidance issued in late 2016 about its Early Warning Program (EWP), explaining that the program had not been expanded and such a review for an employer’s defined benefit (DB) retirement plan would not be triggered solely by a change in credit quality.

Pennsylvania

Employer’s Honest Belief in Employee Misconduct Justifies Termination, Even If It’s Wrong

The 3rd Circuit—which covers Delaware, New Jersey, and Pennsylvania—recently ruled that an employer’s honest belief that an employee misused Family and Medical Leave Act (FMLA) leave can defeat an FMLA retaliation claim, even if the employer’s belief is mistaken. The court also ruled that under certain circumstances, an employee’s request for FMLA leave may constitute […]

How to Reduce Presenteeism

Presenteeism refers to the situation in which employees are at work, but they are not as productive as they could be because they’re not feeling well—but they’re not feeling sick enough to take a day off, or they don’t have days off to take.

How to Keep Older Workers Engaged on the Job

There are a lot of factors at play keeping employees in the workforce longer than before. For example, for many years, pensions have been on the decline (only a small minority of employers offer them now—meaning employees have more responsibility to save for their own retirement and may need to stay working longer in order […]

Minnesota

Is Quitting to Care for Fiancée Covered Under Minnesota’s Unemployment Law?

Employees who quit their jobs to care for a member of their immediate family generally are qualified to receive unemployment benefits in Minnesota. However, the Minnesota Court of Appeals recently heard a claim in which a former employee was denied unemployment benefits due to the fact that “fiancée” doesn’t fall within the statutory definition of […]

health

Health Benefit Costs Still Rising Worldwide, Survey Finds

The cost of employer-provided healthcare benefits around the globe continues to climb with little relief in sight, according to a survey of health insurers by Willis Towers Watson. Insurers attribute this trend to the cost of hospital/inpatient and outpatient medical services, advanced medical technology, and the overuse and overprescribing of services.