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- Excerpt: "The U.S. Supreme Court recently heard oral arguments in LaRue v. ________ on whether a 401(k) plan participant, who suffered losses to his individual account because a plan fiduciary failed to execute his investment directions, could sue the fiduciary to recover the lost profit under ERISA §502(a)(2). |
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- Excerpt: "The U.S. District Court for the Eastern District of Michigan has affirmed an accidental death and dismemberment (AD&D) plan administrator's decision to deny benefits to the spouse of a woman killed in a car accident who was found to have illegal drugs in her system." (PLANSPONSOR. |
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- Excerpt: "The owner and operator of a Salem, New Hampshire, business has been ordered to pay $100,000 to the company's profit sharing plan over alleged violations of the Employee Retirement Income Security Act (ERISA)." (PLANSPONSOR.com; free registration required) |
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- Excerpt: "New research from Fidelity Investments suggests employees of non-profit organizations are not taking full advantage of their workplace retirement plan resources." (PLANSPONSOR.com; free registration required) |
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- Excerpt: "Why does this matter for human resource executives? Think about your own plans: Will you actually want to retire around 65 if you are going to be healthy and active for another 20 years? And think about the effects on the overall labor force. |
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- Excerpt: "The specific legal basis of Prudential's claim is that State Street and its investment arm violated [ERISA]. The complaint alleges that the defendants 'radically altered' the investment strategies of two bond funds, the Intermediate Bond Fund and the Government Credit Bond Fund. The complaint alleges that the funds 'took undisclosed, highly leveraged positions in mortgage-related financial derivatives' and thereby 'exposed' the funds to 'an inappropriate level of risk' that during the summer of 2007 'produced catastrophic results.'" (The D & O Diary blog) |
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- Excerpt: "[Some employers] are trying to push employees into healthy lifestyles, including reducing obesity, a condition estimated to cost U.S companies $13 billion per year, according to the Washington D.C.-based National Business Group on Health. |
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- Excerpt: "During the first few months of the year, many taxpayers will be looking for ways to reduce their tax burden for the previous year, and also take advantage of tax benefits where possible. Receiving the maximum possible benefits requires some diligence, such as making sure any IRA contributions are made to the right type of account, and also ensuring other transactions are processed correctly. [The target page reviews] some tips that can be helpful to taxpayers." (RetirementDictionary. |
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- Excerpt: "IRS issued proposed regulations relating to new Code Sections 411(a)(13) and 411(b)(5), which were added by PPA to enable cash balance and other hybrid plans to satisfy age discrimination and certain other qualification requirements. The regulations incorporate the transitional guidance provided in Notice 2007-6, adopt new terminology to take into account situations where more than one benefit formula is utilized by a plan, and provide additional guidance, taking into account public comments received. 72 FR 73680 (December 28, 2007)." (Deloitte via BenefitsLink. |
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- Excerpt: "The exemption is narrow. For example, it does not provide ADEA relief for employers that attempt to coordinate any other employment-related benefits with Medicare eligibility. Additionally, it does not apply to health benefits for active employees. These employees are protected by the Medicare Secondary Payer Act, which specifically prohibits employers from providing different health benefits to active employees who are Medicare eligible. |
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- 19 pages. Excerpt: "This brief focuses on ways to assess the fairness of reforms and the adequacy of benefits in a financially sustainable Social Security system. The appropriate level of benefits, degree of progressivity, and distribution across generations of the financial burden associated with achieving a solvent system inherently involve value judgments that must be made in deciding how to reform Social Security. This issue brief provides a practical illustration of how to assess the implications of a potential reform plan along these important dimensions. |
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- Excerpt: "After some initial resistance, the employees of Hess Print Solutions, which hired a patient advocacy company to help improve care and reduce cost, embraced the idea of getting help in negotiating a health care maze that can be full of dead ends. But, as the company learned, advocacy can't resolve every health issue." (Workforce Management; free registration required) |
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- Excerpt: "Donohue declined to address the health care proposals of any of the presidential candidates specifically. However, he said that, although 'some believe the answer to these challenges is Washington-run health care,' such a proposal 'is not the answer' supported by the chamber (Nylen, CQ HealthBeat, 1/8)." (Kaiser Family Foundation) |
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- Excerpt: "Now that plans can be automated to a large degree, do communication and education have roles to play? They do indeed. Getting workers into a 401(k) plan, increasing their savings rate, and improving their diversification through default mechanisms is not necessarily synonymous with financial security." (Workforce Management; |
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- Excerpt: "Many veterans never receive the federal and state benefits to which they're entitled because they're unaware they qualify for health care, tax breaks and other compensation, local liaisons to former troops say." (USA TODAY) |
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- Excerpt: "The U.S. has the highest rate of preventable deaths among 19 industrialized nations, and although the U.S. |
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- Excerpt: "While the medical bills from childbirth have long been covered by corporate health plans, it wasn't long ago that employees who chose to adopt children were pretty much on their own in terms of coping with the cost. But today, companies that do offer adoption benefits are rapidly becoming the rule rather than the exception." (Workforce Management; free registration required) |
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- Excerpt: "This article focuses on the general treatment of stock options under federal income tax rules, tax issues involving backdated stock options, and strategies for complying with IRS inquiries during tax examinations." (Pennsylvania Institute of Certified Public Accountants) |
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- Excerpt: "As noted in the Bulletin, under the new DOL guidance, some wellness programs would fail the test for supplemental excepted benefits under the Health Insurance Portability and Accountability Act (HIPAA): those that offer an insured deductible-reimbursement program that reimburses individuals based on whether they meet a health status measure, such as blood pressure, body mass index (BMI), cholesterol and non-tobacco use." (The Segal Group, Inc.) |
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- 5 pages. Excerpt: "This research was designed to measure tax-exempt sector workers' attitudes and behaviors toward spending, saving and investing for retirement. Fidelity Investment's survey of 1,524 defined contribution (DC) employees in the tax-exempt sectors of health care, education, government and other nonprofit organizations was conducted in November 2007 . . |
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- Excerpt: "Implementation of the San Francisco Health Care Security Ordinance (HCSO) will begin January 16, 2008. . . . |
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- Excerpt: "The four-day event presented about 150 workshops, roundtables and presentations covering topics on benefits technology, public pension plans, employee communication, fiduciary responsibilities and health plans." (Employee Benefit News; free registration required) |
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- Excerpt: "Employers don't need a high-deductible feature in order to manage a successful and profitable consumer-driven health plan. In fact, some proponents of CDHPs warn employers that pushing high deductibles could cause workers to make poor decisions and spend unwisely, ultimately costing businesses more money." (Employee Benefit News; free registration required) |
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- Excerpt: "Many baby boomers say they want to work into their mid-60s and beyond, for both financial and social reasons. But going back to work after you sign up for Social Security can affect your benefits if you earn too much money. Here's a look at the effect of working after age 62 . . |
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- Excerpt: "The United States Supreme Court heard oral arguments . . . in the case of Kentucky Retirement Systems v. |
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- Excerpt: "The public is ready for universal health insurance, but getting any plan through Congress will still be tricky. To get it enacted after January 2009, Democrats need to start building a movement in support of the big and important reforms universal health insurance requires -- and on which they happen to agree." (Robert B. Reich via The Wall Street Journal) |
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- Preliminary numbers on the new Xeon 5400 CPU. Apple's UK prices get in line with the EU, CompUSA finds a savior, and more. Inside Intel?s Harpertown processor: Yesterday, Apple released new Mac Pros and a new Xserve. |
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- Oprah Winfrey recently prepared her will, and according to the National Enquirer via MSNBC, her companion of 21 years isn't going to see a penny of her $2 billion. So Stedman Graham can stop putting those small daily amounts... |
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- Years ago servants used to eat 'umble pie' this was made from deer waste whilst their Employer or Master and all his family or friends always had the best cuts of meat. |
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- AP - Ruth Bader Ginsburg said Thursday that the change in U.S. acceptance of Jews can be seen on the Supreme Court, where two members are Jewish yet their faith played no role in their selection. |
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- Product Details Compatible Machines HP LaserJet P1005 and P1006 Series Printers Yield (up to) 1,500 Color Black BEI Item Number CB435A (35A) Manufacturer Model CB435A Cartridge Type Laser Genuine/OEM Yes |
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- Product Details Compatible Machines HP LaserJet P1505 and P1505n Series Printers Yield (up to) 2,000 Color Black BEI Item Number CB436A (36A) Manufacturer Model CB436A Cartridge Type Laser Genuine/OEM Yes |
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- Product Details Compatible Machines OKI C5500N, C5800LDN, C6100DN, C6100DTN, C6100HDN, C6100N Series Yield (up to) 60,000 Color BEI Item Number 43363401 Manufacturer Model 43363401 Cartridge Type Transfer Belt Genuine/OEM Yes |
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- Product Details Compatible Machines OKI C5500N, C5800LDN, C6100DN, C6100DTN, C6100HDN, C6100N Series Yield (up to) 60,000 Color BEI Item Number 43363201 Manufacturer Model 43363201 Cartridge Type 120V Fuser Unit Genuine/OEM Yes |
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- Product Details Compatible Machines Xerox/Tektronix Phaser 8860 / 8860MFP Series Yield (up to) 14,000 Color Cyan BEI Item Number 108R00746 Manufacturer Model 108R00746 Cartridge Type Solid Ink Stick Genuine/OEM Yes |
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- Product Details Compatible Machines Xerox/Tektronix Phaser 8860 / 8860MFP Series Yield (up to) 14,000 Color Magenta BEI Item Number 108R00747 Manufacturer Model 108R00747 Cartridge Type Solid Ink Stick Genuine/OEM Yes |
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- Product Details Compatible Machines Xerox/Tektronix Phaser 8860 / 8860MFP Series Yield (up to) 14,000 Color Yellow BEI Item Number 108R00748 Manufacturer Model 108R00748 Cartridge Type Solid Ink Stick Genuine/OEM Yes |
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- Product Details Compatible Machines Xerox/Tektronix Phaser 8860 / 8860MFP Series Yield (up to) 14,000 Color Black BEI Item Number 108R00749 Manufacturer Model 108R00749 Cartridge Type Solid Ink Stick Genuine/OEM Yes |
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- Product Details Compatible Machines Xerox/Tektronix Phaser 8860 / 8860MFP Series Yield (up to) 30,000 Color N/A BEI Item Number 113R00736 Manufacturer Model 113R00736 Cartridge Type Maintenance Kit Genuine/OEM Yes |
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