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NLRB Nominee Becker Blocked by Senate Filibuster

February 9, 2010
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Republicans say National Labor Relations Board nominee Harold Craig Becker would take his union stances onto the board. Democrats—minus the two who joined the filibuster—denounce what they call Republican obstructionism. President Barack Obama could still make a recess appointment to the board.
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How Costco Does Succession Planning

February 3, 2010
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Treasury, Labor Department Request Info on Using Annuities in 401(k)s

February 2, 2010
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The Obama administration has said it favors the availability of annuities and other forms of guaranteed lifetime income to ensure that retirees don’t outlive their savings. The American Council of Life Insurers cheered the two agencies for considering the role annuities can play in retirement plans.
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Retirement Readiness Cautious Optimism

January 21, 2010
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In surveys last year, U.S. workers said that their retirement picture didn’t look all that great. But things may not be as bad as they thought.
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DB Sponsors Under the Gun to Fund Plans

January 21, 2010
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The Pension Protection Act of 2006 requires defined-benefit plans to be fully funded by 2011. Because of the financial crisis, Congress eased the law’s original funding requirements in 2008. But each year, companies still need to meet specific funding levels until plans are 100 percent funded in 2011.
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CDC Urges Swine Flu Vaccinations

January 8, 2010
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The nation runs the risk of a resurgence of the disease, but vaccine is now widely available. Most employers with physician-run work-site health clinics would be eligible to receive it.
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Mercer Analysis Pension Plans Improve Funded Status

January 5, 2010
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One reason for the improvement in funding in 2009 is higher corporate bond yields, which have reduced pension plans’ liabilities, a company executive says.
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Report Health Care Spending Growth Rate Slowest in Decades

January 5, 2010
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The economic downturn significantly affected health care spending, resulting in more Americans going without care and making it more difficult for people to afford private insurance.
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COBRA Subsidy Extension Complicates Benefits Administration

January 4, 2010
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Employers and their COBRA administrators will likely have to deal with possible overpayments and new notifications to beneficiaries.
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