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Using Real Market Returns for Interest Crediting Reduces Cash Balance Plans’ Volatility, Study Finds

A shift to using real market returns for interest crediting in defined benefit (DB) plans’ cash balance (CB) features is lessening volatility and making the supplementary retirement accounts more appealing to plan sponsors—especially because this type of formula is more responsive to changing market conditions, according to a recent study.

Could Off-Duty Actions Get ‘Pool Patrol Paula’ or ‘I.D. Adam’ Fired in MN?

A number of incidents have surfaced recently in which neighbors or passers-by have called police to report African Americans engaging in seemingly ordinary pursuits. Examples include calls to investigate a college student napping on a couch in her dorm, some friends grilling in a public park, and an 8-year-old girl selling bottled water in front […]

IRS

Missing Participants Errors Now Top DOL, IRS Audit Focus, Nudging Out Late Payroll Deposits, Winston & Strawn Says

Federal agency audits are never far from the minds of employer retirement plan sponsors and their third-party administrators (TPAs), but knowing which recurring errors and internal controls most interest the Department of Labor (DOL) and the Internal Revenue Service (IRS) right now can be helpful in avoiding or preparing for such inquiries.

Practice What You Hope to Never Need

Violence struck at the heart of the Arizona legal community this summer. Over two days in early June, gunshots rang out at a law firm and the offices of two mental health professionals who often serve as court witnesses. For several days while the shooter remained at large, legal workplaces in Phoenix, Scottsdale, and surrounding […]

Women, Don’t Be a Queen Bee at Work

Anyone catch TV Land’s Younger last week (season 5, episode 9)? Because this is a G-rated blog, I’ll spare you the name of the episode. Suffice it to say, the episode showed that looking out for number one and clawing your way to the top does not help women achieve professional success.

creativity

Tips for Training Delivery, Program Piloting, and Measuring Success

In part one of this article, we discussed the importance of conducting a training needs analysis as well as identifying the organization’s capabilities.  Here, we’ll identify what effective training looks like and explore best practices in delivering and measuring a successful training program.

Pay, Perks, and Job Satisfaction: 5 Tips for Attracting and Retaining Workers

Unemployment is at record lows, and Baby Boomers are leaving the workforce at increasing rates. For companies that are struggling to fill roles, they should look to current employees to make lateral moves to help fill the void. However, companies need to know how to retain workers in order to keep them around.