An employee terminated after receiving three formal written warnings about his job performance and conduct could not maintain a retaliation action under ERISA or the FLSA, ruled the Eighth Circuit, affirming a lower court’s grant of summary judgment in favor of his employer. For details, see ¶2061M.(Read Intelliconnect) »
U.S. employees soon will be asked to make decisions about their 2013 benefits during open enrollment season. According to Aon Hewitt, the benefits offered to employees next year may be impacted by a number of factors, including rising health care costs, the declining health of the population, and phase-in of provisions under the Patient Protection and Affordable Care Act (PPACA). For details, see ¶2061N.(Read Intelliconnect) »
A new excepted benefit category for stand-alone health reimbursement arrangements (HRA) should be created, according to a letter from the Employers Council on Flexible Compensation (ECFC) to the Secretaries of Health and Human Services, Treasury, and Labor (Departments). For more information, see ¶2061O.(Read Intelliconnect) »
Multinational companies are aiming to significantly increase the corporate control and oversight of their employee benefit programs worldwide with the intention of countering rising costs and financial risks, according to Aon Hewitt’s 2012 Corporate Governance of Global Employee Benefits Study, conducted in partnership with the American Benefits Institute.For more information, see ¶2061Q.(Read Intelliconnect) »
The IRS has announced that it is seeking applications for vacancies on the Advisory Committee on Tax Exempt and Government Entities (ACT). For more information, see ¶116X.(Read Intelliconnect) »
The IRS has issued the corporate bond weighted average interest rates, 30-year Treasury interest rates, yield curve and segment rates, and minimum value segment rates for September 2012 and October 2012. For more information, see ¶17,150N.(Read Intelliconnect) »
The PBGC has issued disaster relief from certain plan-related deadlines and penalties for victims of severe storms and straight-line winds that began on June 29, 2012, in West Virginia. For more information, see ¶19,996C25.(Read Intelliconnect) »
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