Category Archives: Uncategorized

Fidelity Settles 401(k) Suit with Employees for $12 Million

Fidelity Investments agreed to pay a class of its own employee 401(k) plan participants and beneficiaries $12 million to settle ERISA violation allegations of excessive fees and committing prohibited transactions with their retirement accounts. The settlement, filed July 3 with…

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Employer Faces More Fees as 11th Circuit Affirms $126K COBRA Penalty Award

A federal appeals court not only affirmed a ruling that an employer/plan administrator must pay more than $126,000 in penalties and legal costs for intentionally violating COBRA notice requirements, it also held that about $2,460 in expenses excluded from the…

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OFCCP Proposes Pay Data Reporting Rules for Federal Contractors

Certain federal contractors and subcontractors would have to submit summary data annually to the federal government that would identify employee compensation based on sex, race, hours worked and other factors, under new regulations proposed by the U.S. Department of Labor’s…

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EEOC: Pregnant Employees Entitled to Accommodation

Pregnant employees are entitled to workplace accommodations, according to new guidance issued July 14 by the U.S. Equal Employment Opportunity Commission. Because the Pregnancy Discrimination Act requires that employers treat pregnant employees the same as other workers “not so affected…

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Employers, Employees Increasingly at Odds Over Wellness Incentives

As employers continue to ramp up their use of wellness incentives, employee resistance also is on the rise, recent studies suggest. While wellness programs in general enjoy broad public support (76 percent of respondents), a majority (62 percent) oppose requiring…

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Supreme Court to Decide if Employers Must Help Pregnant Employees

The U.S. Supreme Court will decide whether the Pregnancy Discrimination Act requires employers to accommodate pregnant employees, it announced July 1. The court agreed to review Young v. United Parcel Service, Inc., a case from last year in which the…

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Push for Parental Leave Grows Due to More Family-friendly Workplaces

A trending workplace issue — paid leave for parents of newborns — could soon become a legal mandate for employers. This article summarizes activity at the state level, what’s going on at the federal level, and what employers should do as they…

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Cancers, ESRD Top List of Large Payouts, S-L Insurer Reports

The medical cases that are bad news to self-funded plans are also bad news to stop-loss insurers. So the latest report by stop-loss insurer Sun Life Financial on the top 10 catastrophic health conditions it sees is instructive for self-funded…

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Obama to Unveil Higher Minimum Wages for Federal Contractors in State of the Union

In tonight’s State of the Union Address President Obama will announce an increase in the minimum wage for federal contractors to $10.10 per hour and he will call on Congress to pass a proposed similar wage increase for all workers….

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Judge Rejects Challenge to ACA Tax Credit, Shores Up Individual Mandate

On Jan. 15, the U.S. District Court for the District of Columbia held that the IRS can issue premium tax credits (under the Affordable Care Act) to individuals whether they enrolled for coverage through a federally or state-run health insurance…

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