Above the Fold |
December 21, 2011 |
Retirement industry changes on deck for 2012 |
By Paula Aven Gladych |
2012 will be a year of change for the retirement industry. Experts agree that 401(k) plan fee disclosure rules, affecting plan sponsors and plan participants, and the U.S. Department of Labor's reproposal of its rule amending the definition of fiduciary under the Employee Retirement Income Security Act will have the most impact industry-wide...Read more |
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Today's News |
House, Senate show no give in payroll tax fight |
By Andrew Taylor |
House and Senate leaders traded demands Wednesday but remained mired in a bitter holiday-season stalemate that is threatening 160 million workers with Jan. 1 tax increases and millions of the long-term unemployed with an end to their benefits...Read more |
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Labor board approves new union election rules |
By Sam Hananel |
In a win for organized labor, the National Labor Relations Board on Wednesday approved sweeping new rules that would speed the pace of union elections, possibly making it easier for unions to gain members at companies that have long rebuffed them...Read more |
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The Pulse |
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Overheard on BenefitsPro |
Unless the penalties go up dramatically I think there will be many that drop benefits and offer to pay more to employees through other means salary or other employee benefits. If someone can get decent benefits through the exchange (think QHDHP) but get paid 5 to 8k more a year in salary they may find that more attractive or just as attractive.
-- whatever5678, Survey: Employers will drop coverage if competition does
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