UBS is said to be close to hiring the former Merrill Lynch chief to head up its wealth management business.
Sen. Edward Kennedy was the standard bearer for universal health coverage during his more than four decades in the U.S. Senate, and his legislative accomplishments had a huge influence on the design of employee benefit plans.
An employer must pay more generous medical provider fees available under Maine workers’ compensation law than available under the federal law, even though employees received benefits under the federal law, the Maine Supreme Court has ruled.
A federal judge has found in favor of a plaintiff suing Unum Group over the Chattanooga, Tennessee-based insurer’s denial of long-term disability benefits.
CalPERS is suing California Gov. Arnold Schwarzenegger over his state-imposed furloughs, claiming that the mandated three days of unpaid time off from work each month compromises the pension fund’s ability to meet its contractual obligations.
A case involving a prospective employee who was not hired after he tested positive for nicotine will have only marginal impact on the types of wellness plan incentives employers use to encourage healthier behaviors, though it does highlight areas that require caution, benefits experts say.
If the West Chester, Pennsylvania-based company determines that an employee committed fraud, they could be subject to ‘corrective action, up to and including possible termination of employment.’
Sotomayor carefully navigated her confirmation hearings in July, revealing little about how she might rule in any area. But she is likely to pick up where Justice David Souter left off on workplace cases.
Randel Johnson, senior vice president of labor, immigration and employee benefits at the U.S. Chamber of Commerce, testifies several times a year before the Senate, most recently to voice opposition to proposed health care legislation that would require nearly all employers to provide some level of coverage to their employees.
The Employee Free Choice Act, a priority for labor leaders, modifies the National Labor Relations Act to make it easier for unions to organize employees.