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Blogs / Tags / Benefits

Ten basic steps to follow in outsourcing, paticularly with regard to benefits and pension administration. In line with my theme this month of Outsourcing Pension and Benefits Administration, we will set some basic steps as to how to get started and ... More...

FASB proposals could destroy the DB pension system Proposed Changes to U.S. Accounting Standards As briefly mentioned in my previous blog, The Financial Accounting Standards Board (FASB) is proposing to drastically change employers&acut... More...

Will Congress pass paension reform soon and if so when, what and how effective will it be? Where Art Thou Pension Reform? Imperative to our discussion this month on the future of defined benefit pension plans, are two important is... More...

What HRP's Need to do to guarantee the future of DB plans. How to Make DB Plans Be More Viable In order to make sure that the Future of DB Plan continues, we need to do the following: (1) Speak out and get those responsib... More...

The Defined Benefit Pension Plan needs to and will survive. The Future of Defined Benefit Plans The recurring theme for May´s Benefit Vertical will be defined benefit plans and their expected longevity. Over the next month, we will touch on... More...

To promote better health care, people need to become more responsible and better consumers. Health Care in the Future The recurring theme for April´s Benefit Vertical will be health care and although we will concentrate on cost containment,... More...

Best practices for fiduciaries to follow in meeting their responsibilities. Best Practices for Fiduciaries Last week on a webcast I talked about Fiduciary Responsibilities under ERISA. For the benefit of those whose missed it,... More...

Ten non all-inclusive responsibilities of a fiduciary are highlighted. Ten Fiduciary Responsibilities This week I will be conducting a webcast of the "Fiduciary Responsibilities under ERISA." In preparation I include a quick checklist of so... More...

Many people believe that age discrimination in hiring is the most common form of discrimination faced by older workers today. Â Many people believe that age discrimination in hiring is the most common form of discrimination faced by older workers t... More...

Attaining financial literacy should be a concern of all employers. The Need for Financial Literacy This week I am off to Washington to attend FOSE 2006, the nation´s largest technology event serving the government marketplace. I will be giv... More...

The list of companies moving from Defined Benefit (DB) plans to Defined Contribution (DC) plans keeps on growing. The list of companies moving from Defined Benefit (DB) plans to Defined Contribution (DC) plans keeps on growing. Some of the latest gr... More...

The future of Summary Plan Descriptions or SPDs The Future of Summary Plan Descriptions (SPD) A recent court case decision, Collingsworth versus AIG Life Insurance Company, may render SPDs to be of no use in the future. A federal judge in Texas, ... More...

Tips to Employers of Excellence for TheiR EE Benefit Plans Employee Benefit Tips for Employers of Excellence There is no silver bullet out there that defines the perfect benefits plan. One needs to look at your complete comp... More...

legal uncertainty around cash balance The Cash Balance Conundrum Recently the Government Accountability Office (GAO) advised Congress to among other things, eliminate the legal uncertainty surrounding cash balance pension plan... More...

Federal Tax Reform and the end of tax free Group Health End of Tax Free Employer Provided Group Health As mentioned in a previous blog, the President created an Advisory Panel on Federal Tax Reform in January 2005. They were g... More...

Ghosts & Goblins, Wal-Mart & Halloween, Retirement Planning Ghosts and Goblins What do ghosts and goblins drink on Halloween? ... Ghoul aide. This past week while many busied themselves in preparing for Halloween,... More...

Elmhurst (IL) Memorial Healthcare has about 2,700 employees. That´s definitely a big crowd. And, of course, any human resources professional knows that with so many people comes a dizzying amount of paper from job applications to performance re... More...

Two different issues that will both affect employee benefits are currently being mulled over by the legislature and committees. Two different issues that will both affect employee benefits are currently being mulled over by the legislature and commi... More...

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News

Ten Steps to Follow in Outsourcing

Proposed Changes to U.S. Accounting Standards

Where Art Thou Pension Reform?

How to Make DB Plans More Viable

The Future of Defined Benefit Pension Plans

Health Care

Best Practices for Fiduciaries

Ten Fiduciary Responsibilities

Age Discrimination in the Workforce

Financial Literacy

The Trend of DB to DC Switch

SPDs

Tips for Benefit Plans for EOE

The Cash Balance Conundrum

End of Tax Free Group Health

Ghosts and Goblins

Elmhurst Memorial Healthcare Eliminates the Paper Chase with an Intranet Portal

Two Hot Topics in Benefits