Employer Strategies

With strategic federal-level assistance for retirement still lagging, states including Illinois, California and Oregon have stepped in with their own automatic IRA plans to boost employee savings.

Cigna Corp. rejected Anthem Inc.’s $47 billion takeover bid, saying it was inadequate and not in the best interests of shareholders.

The public has until July 21 to submit comments on the proposal that would expand the fiduciary standard to thousands of brokers and advisers who provide retirement investment advice.

In the eight states that have announced their 2016 proposed rates for purchasing coverage on the public health care exchanges, the average increase for a silver plan is 5.8%.

Most of the 13 state-run public health insurance have collectively spent $4.8 billion in federal funding during their first 17 months of operations and face serious cash-flow problems.

There are a few factors holding plan sponsors back from offering many of the tools that have been shown to increase retirement plan participation and outcomes.

The Workplace Benefits Association recently announced it’s honoring Bonnie Brazzell, vice president of Eastbridge Consulting Group, who is being inducted into the Worksite Marketing Hall of Fame.

Employers expect the new rules to ‘fundamentally change’ the way they approach executive pay disclosures.

The House passed H.R. 160, the Protect Medical Innovation Act, by a vote of 280 to 140. The bill was introduced by Rep. Erik Paulsen (R-Minn.), a member of the tax-writing House Ways and Means Committee.

Commentary: The filing deadline is approaching, and employers risk costly penalties for noncompliance. Here’s what employers need to know, including updates to these forms, which must be filed by July 31.