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By Jane Meacham, retirement plans editor The U.S. Supreme Court’s recent decision in Spokeo Inc. v. Robins, 13-1339, U.S. (May 16, 2016), which encourages Employee Retirement Income Security Act (ERISA) plaintiffs to allege a “concrete” injury, is viewed by many in the ERISA legal community as likely to reshape litigation against employer-sponsored retirement plans.
By Jennifer Carsen, JD, Senior Legal Editor In a new guidance dated April 14, 2016, the IRS states that an employer may not exclude from an employee’s gross income payments of cash rewards for participating in a wellness program.
As healthcare costs continue to rise, financial pressure does, too. Your employees are feeling it, especially if you’ve had to shift an increasing share of healthcare costs to them. Higher copays and coinsurance may help control premiums, but they do nothing to rein in employee out-of-pocket costs. To the contrary, in fact.
The Pension Benefit Guaranty Corporation (PBGC) recently released a study of revenues needed for PBGC to continue to protect participants in multiemployer plans that are likely to run out of money—and the news isn’t good.
When it comes to furthering career advancement and driving employee engagement, it’s no secret that recognition and appreciation play a major role. But just how much of a role, in what forms, and what frequency? The infographic below from BambooHR, based on their survey of more than 1,000 U.S.-based employees, provides more insight into these […]
With an increased focus on equity in pay across genders as well as a need to ensure the organization is not (even inadvertently) discriminating, more and more organizations are beginning to consider greater payroll transparency.
The Pension Benefit Guaranty Corporation (PBGC), a federal government agency, is proposing a rule to facilitate mergers of multiemployer pension plans. Mergers are a way some plans can preserve and protect the benefits earned by workers and retirees.
By Caitlin Far, senior communications consultant, Burnham Benefits Insurance Services In part one of this article, we looked at the steps required to build a healthcare education campaign. Now we’ll look at how to distribute it across the organization.
Mindfulness is often viewed as a “touchy-feely” fad. However, a new, comprehensive analysis of mindfulness research suggests it is a valuable management tool that can lift an entire workplace by improving focus, the ability to manage stress, and how well employees work together.
The U.S. Department of Health and Human Services (HHS) has released a report showing that states can improve access to behavioral health services for residents by expanding Medicaid under the Affordable Care Act. “Substance use disorders and mental illness are prevalent and serious public health problems in American communities,” the HHS says in a press […]