At this point, most people in the U.S. and everyone in the human resources profession are familiar with the statistic that says women make 80% of the pay that men do. Without debating the accuracy of that statistic or its causes, we want to provide a refresher on the legislative and regulatory envi…Continued
The Sixth Circuit U.S. Court of Appeals in Ohio recently ruled in favor of a pension fund that suspended a working retiree’s monthly benefit where the retiree worked in a similar job in the same industry. The retiree argued that his work performed did not violate the plan’s suspension of benefits p…Continued
The Transparency in Coverage Final Rules (TiC Final Rules) require group health plans and health insurance issuers to disclose, on a public website, detailed pricing information in three separate machine-readable files (MRFs). Specifically, the following information must be disclosed:First File: In…Continued
by Anirban Basu, Sage Policy Group, Inc.Alas, in a world suffering Putin, pandemic, and price escalation, there appears little scope for celebration. But there is still some joy in Mudville. For starters, job growth remains excellent. U.S. payrolls have expanded by an average of 519,000 jobs each m…Continued
The Internal Revenue Service (IRS) requires that spousal consent to the waiver of a qualified joint and survivor annuity in a defined benefit plan must be signed in the “physical presence” of a plan representative or notary. Some plan administrators go further and require that other retirement plan…Continued
Cryptocurrencies, among the world’s most volatile assets, are searching for mainstream acceptance in the investment world. Fidelity Investments said on Tuesday, April 26, 2022, it will allow individuals to allocate part of their retirement savings in bitcoin through their 401(k) investment plans, b…Continued
