Employer Strategies

The IRS and Dept. of Treasury are seeking comments on several issues related to the Cadillac tax, including what constitutes employer-sponsored coverage and different approaches for determining the cost of applicable coverage.

Consumer products giant Kimberly-Clark is the latest defined benefit pension sponsor to transition significant pension liabilities to the insurance industry.

Employees are sitting too long, not using all their vacation, survey finds.

With the support of the White House, the DOL today submitted to OMB its revised fiduciary rule proposal for retirement brokers, a move industry stakeholders are calling an ‘attack’ on retirement advisers.

It is no coincidence that the Tibble v. Edison case, set to go before the Supreme Court this week, has made it this far at the same time the Department of Labor is submitting its proposal to impose fiduciary responsibilities on brokers.

Lockheed Martin Corp. agreed to pay $62 million to end a lawsuit over claims it shortchanged 120,000 workers and retirees who participated in its pension plans.

Technology has clearly revolutionized health care – from mobile apps that help employees stay fit and eat right to telemedicine that brings operational efficiency to treatment. But perhaps most compelling is the way it is helping elevate the open-enrollment experience in keeping with the intended consumer-friendly spirit of the Affordable Care Act.

The plan would require brokers to act in a customer’s best interest, a change that could limit the earnings of financial advisers.

Having more choices is a priority, but most workers are confident in their employer’s selection, study finds.

Agentreview.net launches this month, aiming to give consumers one location to find and critique local insurance agents.