Retirement

Bill would give private-Sector employees access to CalPERS

07/18/2008

The California State Assembly has passed a bill that would allow private-sector employees who don’t have employer-based pension plans to open individual retirement savings accounts with the California Public Employees’ Retirement System (CalPERS) …

The HR I.Q. Test: August ’08

07/17/2008

Test your knowledge of recent trends in employment law, comp & benefits and other HR issues with our monthly mini-quiz …

Same-sex marriage: What the trend means for employers and HR

07/17/2008

No federal law mandates that employees who are in state-sanctioned same-sex unions must receive the same employee benefits that heterosexual married couples receive. But the writing is on the wall. And even employers in states that ban same-sex unions may find themselves targeted by advocates for greater benefits …

Former steelworkers suffer huge pension meltdown

07/09/2008

Hundreds of retired Illinois steelworkers once employed by Republic Technologies International (RTI) recently received some unwelcome notices in the mail: Due to miscalculations, their pensions are being cut by as much as 75%, some to as little as $300 per month …

Top 10 concerns of American HR professionals

07/01/2008

While the continuing high cost of health care ranks first among HR’s greatest concerns, No. 2 on the list is the large number of baby boomers (1945–1964) retiring at about the same time, according to SHRM’s 2008 Trends Report …

Benefits on a shoestring: 8 tips

07/01/2008

Don’t waste your time and money offering benefits no one cares about. Review all your coverages. Conduct eligibility audits. Those are just some of the tips comp and benefits expert Gary Kushner has for HR pros eager to maximize the value and reduce the costs of the benefits they provide.

Health costs, boomer retirements top list of 2008 HR concerns

06/24/2008

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Minnesota employers push for 401(k) enrollment, direct deposit

06/06/2008

Twenty Minnesota employers, including Target and the University of Minnesota, aim to convince more employees to contribute to their retirement savings plans and use direct deposit for their pay, as part of the employer-organized Financially Fit Minnesota program …

Con Ed retirees sue, saying buyout was a costly sellout

06/04/2008

New York Con Ed employees who took an early retirement buyout have filed a class-action lawsuit alleging the deal was nothing more than a loan-shark scheme …

Attorney General Cuomo calls double dipping ‘Inexcusable’