Loading
Find Us on Facebook Follow Us on Twitter Bookmark & Share Subscribe to Feed
Wanna join our 6011 other users? | Register
Menu 

Benefit BLOG

Benefits @ Work

  • Play or Pay Penalty Notices Are Coming
    The Internal Revenue Service (IRS) has started the process of levying penalties on employers under the Affordable Care Act (ACA) employer shared responsibility provision. Often called the employer mandate or play or pay, the ACA provides for the IRS…
    - 29 Nov 17, 10:45am -
  • Deferred Action for Childhood Arrivals (DACA) Changes
    Question: With the recent Executive Order rescinding DACA, do we need to do anything different for our employees who are enrolled in the program? Answer: Given the recent news headlines around immigration, a lot of employers may wonder which change…
    - 19 Sep 17, 2:59pm -
  • Breaking News: Costly Overtime Rule Struck Down
    September 1st, 2017   On August 31, 2017, Federal District Court Judge Amos Mazzant overturned the Fair Labor Standards Act (FLSA) Final Overtime Rule that would have doubled the annual salary level to qualify for exemption from overtime from $23,…
    - 1 Sep 17, 2:23pm -
  • When to Say Goodbye to Your Benefits Broker
    For many businesses, the process of choosing and administering a health insurance benefits program is a daunting one. They often turn to benefits brokers to help them select and implement plans. Traditional benefits brokers offer assistance in choosi…
    - 1 Sep 17, 10:39am -
  • What are CSR Payment Plans?

    What are CSR Payment Plans?

    There is quite a bit of talk these days about how uncertainty around CSR Payments could cripple the individual health insurance market (see article). This brings up a good question – What are CSR Payment Plans? Cost Sharing Reduction (CSR) A discou…
    - 25 Aug 17, 9:17am -
  • The New Summary of Benefits and Coverage (SBC)

    The New Summary of Benefits and Coverage (SBC)

    As open enrollment season approaches, employers and their advisors are getting ready to use the new Summary of Benefits and Coverage (SBC) format required under federal rules. The basic rules have been in place for several years, but 2017 is the firs…
    - 22 Aug 17, 11:43am -
  • Level Premium Self Funding
    Here is a quick video explanation for a concept that is gaining in popularity. Take a look and let us know if you have any questions:
    - 15 Aug 17, 2:27pm -
  • What are pay-per-use Health Insurance plans?
    As health care costs continue to rise, level funding and self-funding are becoming a more and more attractive option for smaller companies. Technically speaking Benefit Administration Group uses level funded health insurance and insurance captives…
    - 18 Jul 17, 12:40pm -
  • Human Resources Q & A of the Day
    Question: We’ve hired a new employee and have agreed to reimburse their COBRA premium until they become eligible for our insurance. They provided us with proof (copies of checks and invoices) that they paid a 3rd party administrator for their COBR…
    - 11 Jul 17, 12:18pm -
  • Human Resources Q & A of the Day
    Question: Should an employee’s background check, interview notes, and benefit information be kept separate from the personnel file? Answer: As a best practice (and in certain instances it is legally required), employers should keep certain employee…
    - 10 Jul 17, 10:45am -

Employee Benefits Blog

  • Investor Guidelines for Shared Value Creation in Employee Ownership Transitions Unveiled
    One of the big questions for the employee ownership field is, why has the number of US employee-owned firms failed to grow significantly over the last couple of decades? An upcoming paper from Fifty by Fifty proposes that the barrier to growth is a l…
    - 1 day ago, 27 Feb 20, 1:02pm -
  • Flirting at Job Interviews Is Common
    One in five job applicants say an interviewer flirted with them during a job interview, and more than half of them flirted back, according to a survey by background-screening firm JDP. Of the 1,997 people surveyed, 58% of the women flirted back and 7…
    - 3 days ago, 25 Feb 20, 11:32am -
  • Summary of Commuter Benefit Laws (Current as of Feb. 3, 2020)
    An increasing number of jurisdictions around the country, including parts of California, New Jersey and Washington, DC, are mandating that employers provide commuter benefit programs that allow employees to pay for commuting costs on a pre-tax basis.…
    - 8 days ago, 20 Feb 20, 11:15am -
  • HIPAA Boss Sees ‘Low-Hanging Fruit’ Ripe For Enforcement
    Healthcare providers and insurers are still making tons of rookie mistakes on patient privacy, turning themselves into easy enforcement targets, according to Roger Severino, director of the US Department of Health and Human Services. Severino made he…
    - 10 days ago, 18 Feb 20, 10:54am -
  • Up, Up and Away: 2020 Increased Penalties for Employee Benefit Plans
    For 2020, legislation enacted in December of 2019 dramatically increases penalties imposed by the Internal Revenue Code (the Code) for late filing of certain employee benefit plan notices and reports. In addition, a final rule published by the Depart…
    - 15 days ago, 13 Feb 20, 11:15am -
  • What to Know Before Enforcing a Nicotine-Free Workplace
    Certain employers might prefer to avoid hiring nicotine users: smokers, dippers and vapers alike. U-Haul International Inc. is doing so, with a policy that went into effect on February 1. Thus, this is an opportune moment to examine why employers mig…
    - 17 days ago, 11 Feb 20, 11:27am -
  • Brexit Update: Effects on Employment
    The United Kingdom is no longer a member of the European Union and has entered into a transition period until December 31 2020, unless an extension of 1 or 2 years is agreed by July 1 2020 (the Brexit Long Stop Date). During this transition period, t…
    - 22 days ago, 6 Feb 20, 12:45pm -
  • Mechanics of DB Plan QDROs Differ from Those for DC Plans
    There are requirements for a qualified domestic relations order (QDRO) that apply whether the QDRO is for splitting up defined contribution (DC) plan assets or defined benefit (DB) plan assets, notes McDermott’s Lisa K. Loesel. However, the mechani…
    - 24 days ago, 4 Feb 20, 11:40am -
  • The 10 Most Significant Matters CEOs Should Know About Their Employment Contracts
    The most significant issues in any employment or severance agreement are going to be personal to that situation, and will be driven in part by special issues and circumstances. For instance, succession planning issues may be incredibly important to t…
    - 29 days ago, 30 Jan 20, 12:01pm -
  • IRS Aims to Curb Workaround of Limit on Executive Pay Tax Break
    Public companies would have a harder time evading a stricter limit on deductions for compensation paid to top executives under an IRS proposal. The proposed regulations (REG-122180-18) implement a 2017 tax law provision that expanded the scope of tax…
    - 31 days ago, 28 Jan 20, 11:15am -

FNO: Pensions

Knowledge@Wharton: Ins. & Pensions

Pension Pulse (CAN)

  • newNorway's Pension Soars 20% in 2019

    Norway's Pension Soars 20% in 2019

    Alicia McElhaney of Institutional Investor reports that Norway's massive pension fund returned 19.9% last year:Norway’s government pension fund had a banner year in 2019, returning a whopping 19.9 percent. The Government Pension Fund Global announ…
    - 17 hours ago, 27 Feb 20, 8:07pm -
  • OTPP's Innovative Deal With New Gold

    OTPP's Innovative Deal With New Gold

    Aoyon Ashraf and Paula Sambo of Bloomberg News report Ontario Teachers' signs US$300M investment deal with New Gold:New Gold Inc. surged after forming an unusual partnership with Ontario Teachers’ Pension Plan that gives the miner US$300 million in…
    - 2 days ago, 26 Feb 20, 4:41pm -
  • Trouble at CDPQ's Ivanhoé Cambridge?

    Trouble at CDPQ's Ivanhoé Cambridge?

    André Dubuc of La Presse wrote an article today stating the cleanup has commenced at Ivanhoé Cambridge, the Caisse's real estate subsidiary. The article is in French so I translated it using Google and edited where necessary:Ivanhoé Cambridge has…
    - 2 days ago, 26 Feb 20, 2:29pm -
  • CDPQ Gains 10.4% in 2019

    CDPQ Gains 10.4% in 2019

    Today, CDPQ announced its results, posting a 10.4% annualized return in 2019 and 8.1% over five years (added emphasis is mine):Caisse de dépôt et placement du Québec (CDPQ) today released its financial results for the year ended December 31, 2019…
    - 3 days ago, 25 Feb 20, 3:19pm -
  • OMERS Gains 11.9% in 2019

    OMERS Gains 11.9% in 2019

    Today, OMERS reported its 2019 results, gaining 11.9% last year:2019 HighlightsNet return of 11.9% or $11.5 billionFunded status of 97%Net assets of $109 billionOMERS, the defined benefit pension plan for Ontario’s municipal employees, reported a 2…
    - 4 days ago, 24 Feb 20, 11:03pm -
  • CDPQ Appoints Charles Emond As Its New CEO

    CDPQ Appoints Charles Emond As Its New CEO

    Caisse de dépôt et placement du Québec (CDPQ) has appointed Charles Emond as President and Chief Executive Officer:Following a thorough and rigorous selection process, the Board of Directors of Caisse de dépôt et placement du Québec (CDPQ) has…
    - 7 days ago, 21 Feb 20, 7:56pm -
  • Has The Market Met Its Match?

    Has The Market Met Its Match?

    Fred Imbert of CNBC reports the Dow drops more than 200 points, stocks head for losing week as coronavirus fears resurface:Stocks fell sharply on Friday after the number of new coronavirus cases escalated, fueling worries over a pronounced global eco…
    - 7 days ago, 21 Feb 20, 5:17pm -
  • The End of CDPQ's Bombardier Saga?

    The End of CDPQ's Bombardier Saga?

    On Monday, CDPQ announced it has become Alstom’s largest shareholder following the announced acquisition of Bombardier Transportation:CDPQ’s total investment in Alstom will amount up to €2.78 billion (CAD 4.0 billion)At the transaction’s clo…
    - 8 days ago, 20 Feb 20, 12:52pm -
  • Top Funds' Activity in Q4 2019

    Top Funds' Activity in Q4 2019

    Aparna Narayanan of Investor's Business Daily reports that Warren Buffett made some surprising buys and sells for Berkshire Hathaway in Q4:Warren Buffett bought shares of Kroger (KR) and Biogen (BIIB) in the fourth quarter, but the investing legend f…
    - 8 days ago, 20 Feb 20, 9:21am -
  • OTPP Buys Stake in Dell's Cybersecurity Unit

    OTPP Buys Stake in Dell's Cybersecurity Unit

    Dell Technologies Inc said on Tuesday it would sell its cybersecurity unit RSA for $2.08 billion to a consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan and AlpInvest Partners. OTPP put out this press release:A consortium…
    - 9 days ago, 19 Feb 20, 11:36pm -
Emergency Comeback
Shorts Fix
Dosha Pops
In The Lights PR

Pension Risk Matters

  • CLE Webinar About ERISA and Hedge Funds and Private Equity Funds

    CLE Webinar About ERISA and Hedge Funds and Private Equity Funds

    I am pleased to announce that I will be speaking as part of an upcoming Strafford live webinar, "Alternative Investments in ERISA Retirement Plans: Mitigating Liability Risks for Hedge and Private Equity Funds and Pension Plan Fiduciaries" schedule…
    - 16 May 17, 2:23am -
  • Investment Fraud and the Role of Trust

    Investment Fraud and the Role of Trust

    This article entitled “Investment Fraud and the Role of Trust” by Dr. Susan Mangiero was originally published on April 19, 2017 in The Fraud Examiner, a publication of the Association of Certified Fraud Examiners that is distributed to some 65,0…
    - 25 Apr 17, 5:13am -
  • Funny Courtroom Film Still Used For Teaching

    Funny Courtroom Film Still Used For Teaching

    I had a chance to watch My Cousin Vinny on television the other night and was reminded how humor is such a powerful storytelling tool. How many times do we remember important concepts because the speaker or writer makes us laugh? Tickling our funny…
    - 10 Apr 17, 12:11am -
  • Pension Blog Turns 11 On Same Day As National Fiduciary Day

    Pension Blog Turns 11 On Same Day As National Fiduciary Day

    Last year, I celebrated a decade of posting investment governance insights to Pension Risk Matters. This year, I have two reasons to say "hooray." March 23 marks the eleventh year of posting analyses, research updates and essays about managing money…
    - 23 Mar 17, 11:52pm -
  • Are You Stressed Out?

    Are You Stressed Out?

    For anyone who is stressed out and needs a literary cupcake or other type of relaxing break, check out my new inspirational gift book. I hope you enjoy The Big Squeeze: Hugs & Inspirations For Every Grown-Up Who Loves Teddy Bears. You can click h…
    - 6 Mar 17, 5:07pm -
  • Can A Retirement Plan Have Too Much Risk Management?

    Can A Retirement Plan Have Too Much Risk Management?

    The issue of excess has been on my mind lately, mostly focused on my fragrance collection but now expanding to the topic of investment risk management. More specifically, as I continue to lead workshops about retirement plan risk management for the…
    - 28 Feb 17, 2:33pm -
  • Dr. Lee Heavner Joins Dr. Susan Mangiero to Discuss Derivatives and Fiduciary Duty

    Dr. Lee Heavner Joins Dr. Susan Mangiero to Discuss Derivatives and Fiduciary Duty

    As a follow-up to my January 12, 2017 announcement about retirement plan risk management education with the Professional Risk Managers' International Association ("PRMIA"), I am delighted to announce a co-presenter for the March 2, 2017 learning ev…
    - 27 Feb 17, 3:07am -
  • New Book by Dr. Susan Mangiero - Smiles On Every Page

    New Book by Dr. Susan Mangiero - Smiles On Every Page

    Hot off the press, The Big Squeeze (Happy Day Press, 2017) by Dr. Susan Mangiero is the result of many months of research about positivity. Inspired by the enduring appeal of teddy bears for grown-ups of all ages, The Big Squeeze is a sweet and upl…
    - 22 Feb 17, 10:20pm -
  • Establishing Risk Management Protocols for Defined Benefit Plans and Defined Contribution Plans

    Establishing Risk Management Protocols for Defined Benefit Plans and Defined Contribution Plans

    As a follow-up to my January 12, 2017 announcement about retirement plan risk management education with the Professional Risk Managers' International Association ("PRMIA"), I am delighted to announce a co-presenter for the February 23, 2017 learning…
    - 21 Feb 17, 12:09am -
  • Thank You for Blog of the Week Recognition

    Thank You for Blog of the Week Recognition

    I was recently informed by Fiduciary News editor Chris Carosa that my blog post entitled "Effective Retirement Plan Communications" (January 8, 2017) was selected "Blog of the Week" for the second week of January. Thank you to Chris and his loyal r…
    - 20 Feb 17, 11:44pm -

The Benefit Blog

  • Everything You Need to Know About Required 401(k) and IRA Withdrawals
    via Wall Street Journal   If you are one of the millions of Americans with a retirement-savings account, three of the most important letters in your financial life might be these: RMD. They stand for required minimum distribution, which is … Conti…
    - 6 Feb 17, 4:10pm -
  • Some Rare Good News for Small Businesses Paying Employee Health Costs
    via Wall Street Journal Small businesses can once again use pretax funds to reimburse workers for health-care costs, especially premiums for individual and family coverage. In a little noticed move, Congress late last year reauthorized Health Reimb…
    - 30 Jan 17, 6:40pm -
  • What Happens When Doctors Only Take Cash
    via Time When Art Villa found out, after one too many boating accidents, that he needed a total knee replacement, he began asking around to see how much it would cost. The hospital near his home in Helena, Mont., would … Continue reading →
    - 27 Jan 17, 7:09pm -
  • Federal Judge Blocks Aetna-Humana Merger on Antitrust Grounds
    via Wall Street Journal WASHINGTON—A federal judge Monday blocked the proposed merger of health insurers Aetna Inc. and Humana Inc. on antitrust grounds, a potentially fatal blow to the $34 billion deal and a capstone victory for Justice Department…
    - 27 Jan 17, 2:03pm -
  • Federal Judge Blocks Aetna-Humana Merger on Antitrust Grounds
    via Wall Street Journal WASHINGTON—A federal judge Monday blocked the proposed merger of health insurers Aetna Inc. and Humana Inc. on antitrust grounds, a potentially fatal blow to the $34 billion deal and a capstone victory for Justice Department…
    - 23 Jan 17, 7:26pm -
  • Trump Nominees Take Aim at Tax Reform and the Fiduciary Rule
    via Lockton Beacon As a new administration takes office, the retirement plan community scratches their collective heads about what to expect. Donald Trump assumes the presidency with no prior public service, presenting very few tea leaves for us to r…
    - 20 Jan 17, 5:07pm -
  • UnitedHealth’s Revenue, Profit Tops Forecasts
    via WSJ UnitedHealth Group Inc. reported a 56% increase in profit in the latest quarter, with results fueled by growth in its core insurance unit and its Optum health-services arm, as well as reduced impact from its money-losing Affordable Care … C…
    - 20 Jan 17, 5:02pm -
  • ACA Repeal Effort Edges Forward, Still Little Clarity on Timeline for Replacement
    via Lockton Benefits Group This week, Congressional Republicans cleared important procedural hurdles on the path to repealing several components of the Affordable Care Act, including the individual and employer mandate penalties. GOP infighting, howe…
    - 16 Jan 17, 4:16pm -
  • Putting Health into the Health Care Debate
    via RAND Corporation One of the many curious aspects of the recent presidential election was the virtual absence of discussion about America’s health. To be sure, the Affordable Care Act, also known as Obamacare, was front and center, but the … C…
    - 10 Jan 17, 7:18pm -
  • Playing With House Money
    via American Thinker Everyone’s familiar with the term “house money.” When you’re playing with house money, you’re gambling or spending money that’s not actually yours, so the perceived risk is lower than it would be if it were your money…
    - 9 Dec 16, 6:08pm -
Recipe Test Nest

About PopMuse

A curated aggregation of musings from across the land and of different subject matters for the scanoholics.