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Adrian Cooper: Where next for financial wellness?

Employee Benefits

The Employee Benefits Pensions research 2020 report revealed that ‘uncertainty around how to make the best decisions when accessing pension benefits’ is the primary concern among employees leading up to or during retirement, and that four out of five employers want to help employees make informed decisions at retirement. .

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[Podcast]: Special Financial Assistance for Multi-employer Pension Plans (Part 2)

Proskauer's Employee Benefits & Executive Compensa

This episode of The Proskauer Benefits Brief is the second of our three-part series analyzing the Pension Benefit Guaranty Corporation (PBGC) guidance on the new special financial assistance program for troubled multiemployer pension plans that was created by the American Rescue Plan Act (ARPA).

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ITV agrees deal for Box Clever pension scheme members to receive benefits

Employee Benefits

Members of the Box Clever pension scheme will receive their pension benefits in full following an in-principle deal between The Pensions Regulator (TPR) and ITV. Employees were then transferred to the new organisation and enrolled in the Box Clever pension scheme.

Pension 59
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Thomas Cook completes £900 million pension buy-in

Employee Benefits

There were 12,693 members in total, consisting of 8,421 deferred members, 3,847 pensioner members and 425 dependant pensioners. The deal aimed to create a better outcome for the majority of members, providing pension benefits at or in excess of Pension Protection Fund (PPF) compensation levels with no reductions.

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Practical Considerations for New Pay vs. Performance Disclosure Requirement

Proskauer's Employee Benefits & Executive Compensa

As noted below, SRCs need not include any amount for pension benefits.). For example, the first disclosures in 2023 will highlight pay vs. performance for legacy compensation programs from 2022, 2021, and 2020, all of which were approved before the new rule.

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3 recent FMLA lawsuits that employers need to be familiar with

Business Management Daily

Mandated federal paid leave under the Families First Coronavirus Relief Act (FFCRA) ended December 31, 2020. It also included a paid and limited FMLA benefit when caring for children whose schools or daycares closed. The award included back pay, lost pension benefits and payment for emotional distress.

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A Guide to Understanding Retirement Rewards and Benefits with Fortune 500 References

Empuls

Defined benefit plans  This retirement benefit plan is calculated based on multiple factors, including salary and service. The plans are protected by federal insurance provided through the Pension Benefit Guaranty Corporation or PBGC. 

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