'Behavioral' Prescription: Q&A With Michael ...
November 11, 2009
Feature: In his current role at pharmacy benefits manager Express Scripts, Michael Holmes has been able to apply health care savings programs using behavioral economics to its own workforce before rolling them out to clients. Holmes spoke to ...
www.workforce.com/archive/feature/26/78/91/index.php - 75.6Kb
Drastic 401(k) Reform Unlikely, Expert Says
November 3, 2009
News: Within the past year or so, a major overhaul of the 401(k) system has seemed quite possible. But such calls have not won over the bulk of Democratic lawmakers or President Obama, a legal expert says.
www.workforce.com/archive/article/26/77/76.php - 79.5Kb
Auto-Enrollment in Retirement Plans Could Crimp ...
October 28, 2009
... Automatic enrollment programs could inadvertently reduce defined-contribution plan participants' potential retirement savings because they could have chosen a higher contribution rate on their ...
www.workforce.com/archive/article/26/76/32.php - 78.1Kb
Employers Contributing Less to Retiree Pension ...
October 22, 2009
News: The value of employer contributions to retiree pension and health care plans fell to 6.9 percent of employee pay from 7.8 percent from 2002 through 2008, according to a new analysis of employers.
www.workforce.com/archive/article/26/75/04.php - 77.2Kb
Defined-Contribution Retirement Plan Contribution ...
October 15, 2009
News: The maximum annual contribution an employee can make through salary reduction to a 401(k) plan will remain at $16,500, while catch-up contributions for employees older than 50 will stay at a maximum of $5,500.
www.workforce.com/archive/article/26/73/25.php - 77.9Kb
Enrollment Is Automatic for One-Third of Defined-Cont ...
October 7, 2009
News: One in three employers globally offer at least one automatic feature in their DC plans.
www.workforce.com/archive/article/26/71/80.php - 77.0Kb
Market Meltdown Costs 401(k) Participants One ...
October 7, 2009
News: The average 401(k) participant lost nearly one-third of his or her retirement account assets in 2008 because of the market downturn, according to a report released by the Investment Company Institute and the Employee Benefit Research Instit
www.workforce.com/archive/article/26/71/88.php - 78.5Kb
Survey Results Have Glum View of Retirement ...
October 1, 2009
News: Thirty-eight percent of employers believe their employees have little knowledge of how much they will need for retirement, and only 8 percent think their workers have a strong idea of how much will be needed.
www.workforce.com/archive/article/26/70/92.php - 78.2Kb
Goodyear Announces Closure of Its Defined-Benefit ...
September 30, 2009
News: Kevin Johnsen, Goodyear contract coordinator for the United Steelworkers union, says the 'vast majority' of union members voted in favor of the deal, noting it would affect roughly 1,000 to 1,500 production and maintenance employees.
www.workforce.com/archive/article/26/70/39.php - 77.2Kb
11 Percent of Employers Suspend 401(k) Plan Match
September 24, 2009
News: A new survey finds that 11 percent of employers have suspended their 401(k) matching contributions and that 17 percent are considering doing the same.
www.workforce.com/archive/article/26/69/03.php - 77.8Kb