By demonstrating that a retirement plan’s disability benefits provision facially discriminates on the basis of age, the EEOC has established a prima facie case of age discrimination, according to a divided en banc 6th Circuit ruling reversing its original panel’s decision. (Equal Employment Opportunity Commission v. Jefferson County Sheriff’s Department, 03-6437) The full 6th […]
So we have the official word from the IRS on next year’s 415 limits, as previously noted here. But what if you wish to project an advance estimate of a future threshold, such as we did back here? When I forwarded inquiries about the innards of the little spreadsheet I’d been given over to my […]
As traditional pensions go through a sea change of global freezing from defined benefit pension plans to individual account defined contribution plans, three main issues have required attention: (1) participation rates of employees in defined contribution plans, which typically have been more voluntary in nature than their defined benefit predecessors; (2) investment risk on retirement […]
No State shall . . . pass any . . . Law impairing the Obligation of Contracts.
That makes for a reasonably interesting blogging afternoon, to be able to quote from that legal document that starts out, “We the People of the United States, in Order to form a more perfect Union, . . .” […]
The Federal Accounting Standards Advisory Board has published Preliminary Views toward amending its Statement of Federal Financial Accounting Standards No. 17, Accounting for Social Insurance (included in the FASAB’s massive Statements of Federal Financial Accounting Concepts and Standards) to accelerate the government’s recognition of expense and liabilities for social insurance programs, including Social Security, Medicare, […]
The risk’s not worth the burden. Time to freeze.
But not to worry: we have a great 401(k)!
This cut will benefit our employees.
FAS 158 gives our balance sheet the squeeze
While our cash projections wobble from PPA.
The risk’s not worth the burden. Time to freeze.
Our workers need to be their own trustees.
Just educate them; they’ll learn to […]
With the BLS reporting the September 2006 CPI this morning, I can finalize my previous estimates of COLAs for key pension thresholds. These numbers remain unofficial, since of course only the IRS has the authority to publish the official numbers. But relying on the same rounding conventions used by the agency for prior years, the […]
If this one doesn’t at least tempt a smile, you’re probably taking our work way too seriously.
But I must confess, not only did this one elude me completely, but I didn’t even catch it now at first, not until I had it brought to my attention today over morning cappuccino. Admit it, this is […]
Today’s Washington Post has a story on the comments to the Labor Department’s proposed new rules for the Family Medical Leave Act, which was enacted 15 years ago. Those rules would require workers to tell their their employers in advance…
It really irks me when someone says to me that it doesn’t matter whether a Republican or Democrat replaces President Bush because at the end of the day the bunch of them are all the same. Or someone who says,…
HR Benefits and the Law | The Human Resource, April 26, 2008 3:16 am | 
Comments (0)