Employee Benefits

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Giant Gift for Pension-Plan Sponsors

A new law that allows employers to use more stable projected interest rates when calculating pension-funding levels may save them millions of dollars.

August 13, 2012

CFOs rejoice! Congress has given you an early Christmas present, in the form of legislation known as "Moving Ahead for Progress in the 21st Century" (MAP-21). The law permits employers that sponsor defined-benefit plans to decrease required contributions and improve plan funding attainment percentages (AFTAP) by using "stabilized" interest-rate assumptions for funding calculations over the next few years. Read more...

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More Employee Benefits Articles

  • Stories of Demise of Health Coverage Are Exaggerated

    Deloitte research shows that 9% of employers expect to eliminate health benefits within three years. But that result isn–t nearly as sensational as many reports on the research implied. July 26, 2012

  • Drug-Benefits War Heats Up

    Pharmacy benefits management goliath Express Scripts has a smaller but fattened-up competitor nipping at its heels. An interview with Jeff Park, CFO of new number-four player Catamaran. July 24, 2012

  • Walgreen, Express Scripts End War

    The pharmacy chain blinks first in the parties' epic pricing struggle, perhaps setting the stage for corporate cost savings on drug benefits. July 19, 2012

  • Will Big Companies Drop Health Benefits?

    Once the dust settles on the forthcoming state insurance exchanges, small companies may not be the only ones seeking to shed employee health plans. July 12, 2012

  • Court Decision on Health Care to Trigger Compliance Frenzy

    No more waiting on the sidelines. It's time to get ready to implement upcoming provisions of the Affordable Care Act and assess the financial fallout. July 6, 2012

  • Health-Care Ruling Benefits Small Business, Some Say

    Insurance exchanges could enable smaller employers to shop for a wider range of coverage choices – or help them bargain for better prices from their existing insurers. June 29, 2012

  • Stunned CFOs Now Must Focus on Complying with Health-care Act

    The Supreme Court opinion was not the one most of them wanted. But now finance chiefs need to work on compliance and make some tough decisions. June 28, 2012

  • Perched on a Precipice

    The Supreme Court decision on the Affordable Care Act, expected this week, will shake up health-benefits plans, one way or another. June 25, 2012

  • When Is a Group Not a Group?

    The Labor Department issues important guidance on what constitutes a valid multiple-employer 401(k) plan. June 13, 2012

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