Tag: benefits

Stock-drop Ruling Reminds Pension Plan Sponsors Why Participants Can’t Sue

So-called stock drop cases, in which defined contribution plan participants sue employer plan sponsors for breach of fiduciary duty when the market value of company stock or other equity options in 401(k) investment menus declines severely, have become common. But for defined benefit sponsors, this threat is less onerous. A ruling the U.S. District Court […]

Bipolar Medication Side Effects? You Must Accommodate

Medications for Treating Bipolar Disorder It is often challenging to find the right combination of medications and the right dosages, says expert Tom Wootton. Typical medications include: Mood stabilizers Antipsychotics Combination of both Wootton, CEO of Bipolar Advantage, whose remarks came in a recent BLR-sponsored webinar, was joined by Maureen Duffy, PhD, a practicing family […]

When Can You ‘Clarify’ or ‘Authenticate’ an FMLA Cert?

Authentication and Clarification of Medical Certifications Employers are entitled to authenticate or clarify information received on a medical certification form. It is important to note that the definitions of what constitutes permissible authentication and clarification are very limited. “Authentication” means providing the healthcare provider with a copy of the medical certification and requesting verification that […]

Medical Certs and the FMLA: No One’s Happy

Under FMLA regulations, an employer may utilize DOL certification forms designed for this purpose (and why not use them, since you aren’t permitted to ask for any information not on those forms anyway?): Certification of Health Care Provider for Employee’s Serious Condition (WH-380-E) Certification of Health Care Provider for Family Member’s Serious Health Condition (WH-380-F) […]

EBSA Reform Compliance Webcast Focuses on 2015 Employer Rules

In spite of the suspension of employer penalties under health care reform, the government strongly encourages employers to:  (1) maintain or expand coverage; and (2) report on minimum affordable coverage under Section 6055 and/or 6056 rules. It’s important for employers to get experience gathering data and setting up systems for that reporting, Rachel Levy, an […]

Good News: HR Degrees Are Worth It

More good news for the HR pros: That degree was worth it. We recently wrote about human resources (HR) making Forbes’ “America’s 15 Most Surprising Six-Figure Jobs” list. Now the HR profession has made another list: Salary.com’s “8 College Degrees That Will Earn Your Money Back” list.

Top 10 Do’s and Don’t’s from FMLA and ADA Court Rulings

Leave policy administration under the FMLA and the ADA presents numerous challenges to employers. Following is a “Do” and “Do Not” list based on the outcomes of 10 interference and retaliation claims by aggrieved employees that the courts have heard in the last five months. Do see if short-term disability benefits are granted or denied to […]

Appellate Court Upholds Pension Plan’s Right to Stand by Employee’s Withholding Choice

A recent federal appeals court decision serves as a reminder that communicating with employees about their options for benefits calculation methods in defined benefit retirement plans is a very important aspect of preparing them adequately for retirement. Some DB plans offer more than one way to accumulate assets, and allow participants to choose the method […]

Practical System for Helping Managers Who Don’t Perform

For Day 1 suggestions, go here. Day 2 (AM): The 1-on-1 Meeting with Wilma and Fred (Poor-Performing Manager and Supervisor) I’ve got three rules I’ll ask you to follow as we begin this meeting. First, don’t hold anything back. This is a once-in-a-career benefit, and the purpose of this meeting is to get it all […]

How Sponsors Can Change Retirement Plans in Wake of DOMA Decision

By Austen K. Townsend The Supreme Court’s decision on Section 3 of the Defense of Marriage Act in U.S. v. Windsor No. 12-307 (June 26, 2013) raises many issues for employers and other plan sponsors to consider about their qualified retirement plans. Section 3 of DOMA provided that the term “marriage” meant only a legal […]