Benefits Notes

MARCH 1, 2022

Section 405 of the Employee Retirement Security Act of 1974 (ERISA) provides for joint liability for co-fiduciaries of a pension, health or welfare benefit plan. In this case, there was an enrollment error in signing up an employee for life insurance coverage with his employer – Georgio Armani Corp. Supreme for certiorari.

Health and Welfare 40

Health and Welfare Insurance Carriers Life Insurance Pension 40

Workplace Insight

JULY 3, 2023

A new poll suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022. This is the second time that Ciphr has run its Cost of li v ing survey.

Food 52

Food Life Insurance Insurance Pension 52

cipHR

JUNE 29, 2023

New research suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022. This is the second time that Ciphr has run its Cost of living survey.

Food 52

Food Payroll Bonuses Insurance 52

Business Management Daily

OCTOBER 14, 2022

So let’s take a look at what forms you may need to file, and when the due dates are for tax year 2022. Reportable Life Insurance Sale. Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. Seller’s Investment in Life Insurance Contract. 1099-LTC.

Electronics 52

Electronics Taxes Life Insurance Profit Sharing Plan 52

Employee Benefits

JANUARY 12, 2024

More than a third (36%) of British employees will continue working past state pension age because they do not think their pension will cover their day-to-day expenses , according to research by Canada Life. Of those workers, the average individual expects to work until they are 72, up from an estimated 70 years old in 2022.

Pension 64

Pension Retirement Plan Life Insurance Benefits Package 64

Business Management Daily

APRIL 25, 2023

That trend continued into 2022, and there were more than a few reasons why so many employees were throwing in the towel, including the following: The pandemic caused some to reevaluate their life priorities — leading to them reducing their working hours or quitting entirely. health insurance, FMLA, unemployment, etc.),

Salary 105

Salary Benefits Package Recruitment PTO 105

Workers' Compensation Perspectives

APRIL 29, 2024

The Canadian data [from the Association of Workers’ Compensation Boards of Canada – National Work Injury Statistics Program] reflect a rising trend in accepted work-related mental disorder claims (7,378 in 2022). US Social Security provides benefits to workers for certain disabilities.

Disability Insurance 52

Disability Insurance Workers’ Compensation Insurance Pension 52

McNees

JANUARY 19, 2021

Although participants may no longer request coronavirus related distributions, the Act retroactively applies the CARES Act coronavirus related distribution rules to money purchase pension plans, which were previously not eligible to make the distributions. Excess Pension Asset Transfers. Preventing Surprise Medical Bills.

Employee Benefits 40

Employee Benefits Flexible Spending Health Insurance Pension 40