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BenefitsPro Daily eNewsletter
Above the Fold July 11, 2011
 
Karen Furtado
Obama challenges GOP to compromise on debt
By Andrew Taylor
President Barack Obama warned Monday there would be no deal on raising the government's debt limit if Republicans don't compromise and said he would not sign a short-term extension — raising the stakes on volatile negotiations with the clock ticking toward a Aug. 2 deadline. Read more
Today's News
Mass. city to pay wedded gay workers to offset tax
By Johanna Kaiser
Starting this month, Cambridge will become what is believed to be the first municipality in the country to pay its public employees a stipend in an attempt to defray the cost of the federal tax on health benefits for their same-sex spouses. Read more
South Carolina tackles their own reform
By Associated Press
A panel working on competitiveness issues for South Carolina's proposed state-run health care exchange is planning to meet. Read more
GASB to issue Exposure Draft on pension accounting
By Heather Trese
In anticipation of the Governmental Accounting Standards Board issuing its Exposure Drafts outlining new rules for how state and local governments account for their pensions, the National Association of State Retirement Administrators and the National Council on Teacher Retirement issued a joint statement expressing both hope and concern. Read more

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The Pulse
Robert Regis Hyle
What most HR professionals don't know about unemployment insurance
By Vanessa Johnson
According to UWC, an association of national and state business organizations, the costs of unemployment insurance for employers has increased from $31 billion in 2008 to $160 billion in 2010. Nevertheless, most people don't much about this benefit, including human resources professionals. Read more
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Overheard on BenefitsPro

Be quiet. Don't tell Senator Baucus that you're off the reservation. He'll get mad again.

-- Greg M, EBRI: Tax Changes, health exchanges could persuade employers to drop coverage

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