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Transit Benefit Parity: Train Has Left the Station

Employers will not have any reason to adjust their qualified transportation fringe benefit plans — not as a result of a major highway funding bill that recently became law, anyway. That bill, known as the Moving Ahead for Progress in the 21st Century, or MAP-21, once had a transit benefit parity provision in it, which […]

‘Through’ Fund Strategy May Serve Near-retirees Best, Vanguard Says

While most U.S. retirement plan participants age 60 or older move their assets out of employer plans within five years of leaving a company, they often don’t touch the funds for years after that, a new report by money manager Vanguard found. As a result, Vanguard suggests to plan sponsors, this tendency of older terminated […]

Senate Passes Another COBRA Subsidy Extension Bill

Last week, the U.S. Senate passed legislation that would further extend the federal COBRA subsidy created by the American Recovery and Reinvestment Act of 2009. The American Workers, State, and Business Relief Act of 2010 (H.R. 4213), which passed the Senate by a 62-36 vote, would extend the subsidy to individuals who were involuntarily terminated […]

Do Interns Crash the Learned House of Geeks?

It’s hard to believe that the “wedding crashers” would be allowed to crash into the citadel of Internet security and secrecy, that house of learned geeks—the Google campus! A new movie, “The Internship,” starring Will Farrell, Vince Vaughn, and Owen Wilson, was rumored to be filming in Silicon Valley.   And yes, these 40-ish guys are […]

News Notes: Free Manual On Evaluating Workplace Safety And Health Changes

If you’re like many employers, you continually make changes in the workplace to boost employee health and safety. But it can be difficult to measure whether the changes are effective or whether other fixes are needed. Now, the National Institute on Occupational Safety and Health (NIOSH) has made a new manual and a companion webpage […]

I See Your Health Reform Study and Raise You Two

The White House felt it proper to refute McKinsey Co.’s health reform study (see yesterday’s post) finding that as many as 30 percent of employers will stop offering health insurance to their workers after reform takes full force in 2014. Deputy Chief of Staff Nancy-Anne DeParle cited three studies saying employers would continue covering workers unabated. […]

News Notes: New EEOC Fact Sheets Address Workplace Backlash Against Muslims And Arabs

Responding to a surge of discrimination complaints from employees of Middle-Eastern descent following the events of Sept. 11, the U.S. Equal Employment Opportunity Commission has released two new fact sheets to answer questions about the employment of Muslims, Arabs, South Asians and Sikhs. One fact sheet is geared toward employers, the other for employees. The […]