Employer Strategies

The Pension Benefit Guaranty Corporation announced a new proposal that will reverse its 2009 proposal and thereby reform and reduce reporting requirements for more than 90% of companies and pension plans.

As HR/Payroll outsourcers look to continue to attract more and in some cases smaller businesses to their outsourced model they increasingly look to build data integration with third party systems to gain efficiencies and drive down costs. Thus the intersection between Human Resource/ Payroll software and retirement services recordkeeping software (plan administration) is heating up.

Americans continue to hold their purse strings tight and favor cautious choices with their money, according to research from Northwestern Mutual.

The U.S. Government Accountability Office released a report Wednesday saying that employees switching jobs often receive guidance by 401(k) companies to roll their accounts into an IRA, even when that might not be the best course of action. But what does this mean for advisers?

A federal judge has ruled that the pension beneficiaries can sue the company as a group over its transfer of $8.5 billion in plan obligations to Prudential Insurance Co. of America.

Among employees with adult/elder care responsibilities who’ve used Bright Horizons’ back-up care service within the last six months, nearly 70% said the benefit has allowed them to work on a day they would have otherwise missed.

Many are asking about retirement readiness self-analyses.

Humana Inc. led medical insurers higher in trading today after the U.S. government reversed a decision to cut a key Medicare payment rate, offering them an increase instead.

“Every company lives and dies by the talent it has access to,” says SendHub co-founder Garrett Johnson, who claims he could lose “invaluable” workers once the national supply of H-1B visas runs out.

The program, available to self-insured employers, offers some diabetes supplies and diabetes-related prescription drugs at no charge, as well as no copays for related doctor visits, at an estimated savings of up to $500 a year for participants.