Category: Benefits

From 401(k) plans to vacation policy, this topic gives HR and Compensation professionals specific strategies on how to handle benefit plans. Articles also provide guidance to brokers, advisers and consultants.

COBRA

Ask the Expert: COBRA Quandary

Question: I just found out that a former employee near the end of his COBRA election period was in an accident and is currently incapacitated. What are my options administratively if the election period ends and he has not yet elected COBRA coverage?

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retirement

DOL Delays Fiduciary Rule Implementation; Reduces Transition Compliance

The Department of Labor (DOL) on April 4 released details of a 60-day delay in implementation of its new fiduciary rule and Best Interest Contract Exemption (BICE). The rule formalizing the extension, was published in the Federal Register on April 7, also delivered changes that significantly reduce compliance burdens during a transition period until January […]

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Core-Flex Basics: The Relocation Policies That Will Make Your Life Easier

Domestic and global mobility grow increasingly complex as economic, geographic, and individual employee factors are all weighed together when it comes to making policy decisions. Traditional relocation programs can struggle to meet the challenges of this complexity, pushing firms to look for flexibility.

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retirement

Is 70 Becoming the New Retirement Age?

Is 70 becoming the new retirement age? According to a recent CareerBuilder survey, 30% of U.S. workers ages 60 and older plan to retire at age 70 or older. Another 20% don’t believe they will ever be able to retire.

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Pension

PBGC Advocate’s 2016 Report Shows Continued Room for Improvement

The Moving Ahead for Progress in the 21st Century Act (MAP-21) in 2012 created a participant and plan sponsor advocate for the Pension Benefit Guaranty Corporation (PBGC) whose role is to “act as a liaison between the corporation, sponsors of defined benefit pension plans insured by the corporation, and participants in pension plans trusteed by the corporation.”

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