Quality of life benefits

STD isn’t enough

Katie Griffith is in many ways the walking example of statistics of a working mom today. She is 32, pregnant with her second child and has just been promoted to director in the advisory practice at PricewaterhouseCoopers.

Lisa V. Gillespie
By Lisa V. Gillespie
Writer

Workers willing to trade pay for benefits

An increasing number of U.S. workers say they are willing to trade some of their pay for more secure and generous retirement and health care benefits, according to a survey released today by Towers Watson. In addition, nearly half of workers polled say they are worried about reductions in their retirement benefits over the next two years.

Lisa V. Gillespie
By Lisa V. Gillespie
Writer

New retirement reality, longer life expectancy cause many to rethink planning for later years

Average life expectancy has risen dramatically during the last century. The U.S. Census Bureau estimates that the number of centenarians, people who live to be 100, rose from 2,300 in 1950 to nearly 80,000 in 2010, and will exceed 600,000 by 2050. And according to the Society of Actuaries, a 65-year-old couple now has a 31% chance of at least one spouse living past the age of 95

Lisa V. Gillespie
By Lisa V. Gillespie
Writer

One and only

Planners have been hearing about and preparing for the baby boom ever since the first 1946er became a client. Yet their single-minded focus on boomers may mean they've missed another demographic trend: the singles surge.

U.S. fares poorly in holiday entitlements

Workers in the U.K. and Poland have the most generous statutory employee holiday entitlements while employees in the U.S., Canada, Philippines, China and Thailand have the least generous entitlements, according to an overview of employee regulation and employment practices released by Mercer.

Andrea Davis
By Andrea Davis
Editor-in-Chief
Employee Benefit News

Empire State exercise

In 2009, the Civil Service Employees Association Employee Benefit Fund was at a crossroads. The benefit fund, which provides dental and vision benefits for more than 300,000 public employee union members and their dependents in New York State, was facing a double-digit spike in its health insurance costs and seemed resigned to renewing a policy with an insurer that was not meeting the needs of the fund's 60 employees.

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