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Small Amounts Left in Retirement Accounts Add up to Big Sponsor Costs

As U.S. employment mobility has increased, one result of an estimated 9.5 million job changes a year has been a large number of defined contribution retirement accounts left behind at former employers. These often are small in dollar value, but can become a more costly and “insidious” problem than many plan sponsors realize. Small accounts […]

Significant Pension Changes Coming

By William Duvall After years of consultations, the Canadian government has announced significant changes to the legal framework for federally regulated pension plans. In addition, proposed changes to the Income Tax Act would affect all defined benefit plans whether regulated federally or provincially. While we can’t cover all the contemplated changes in this article, we […]

California Unemployment: Unemployed Applicants Pose Dilemmas for HR

Employers have started hiring again and are often overwhelmed with huge numbers of resumes, even for entry-level positions. Some companies have decided that an effective way to identify the best candidates is to refuse to consider job applicants who are currently unemployed. But a number of human resources professionals, the Equal Employment Opportunity Commission (EEOC), […]

When Employee Privacy and Social Media Collide

By Lyne Duhaime An IBM employee from Quebec made headlines last month when her disability benefits were cut off by the insurance company after it saw pictures of her on Facebook. Despite being off work for depression, the employee had posted photos of herself on vacation at the beach and at a Chippendale’s show. When […]

Supreme Court Frees More For-profits from ACA’s Contraceptive Mandate

Closely held corporations with religious objections cannot be required to provide contraception coverage under health care reform regulations because that would violate the owners’ rights under the Religious Freedom Restoration Act, the U.S. Supreme Court today ruled in Burwell v. Hobby Lobby, No. 13-354 (Sup. Ct., June 30, 2014). The ruling could force the Obama administration […]

E-Alerts: Family and Medical Leave: No Leave Time for Mother Whose Son Was Abused by Caregiver

Stacey Detels, a claims representative for Farmers Insurance Exchange, took several weeks off of work after learning her toddler son’s caregiver may have been physically abusing him. Detels took her son to two health care providers to evaluate him, but the providers found no need for any treatment. Detels claimed that when she returned to […]