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Benefits 

 Latest News

DOL Issues Model COBRA Election and Exchange Notices
On May 8, the Department of Labor (DOL) issued an updated model COBRA continuation notice and a m
odel notice of coverage options through the soon-to-launch health care exchanges. The exchange notice must be provided to current and new employees beginning Oct. 1.
  

Match Thresholds and Default Rates Impact Savings
Employers can keep costs down and encourage more robust savings in auto enrollment 401(k) plans by getting creative with "stretch matching" and other design features.

Poor Worker Health Costs U.S. Businesses Billions
Lost productivity because of workers’ poor health is costing the U.S. $84 billion a year, according to a Gallup-Healthways Well-Being Index that found more than two-thirds of workers reported having chronic health conditions or being overweight.

Rewards Pros Link Loyalty (Their Own) to Career Development
Much like the workforce they serve, HR total rewards professionals identify their own career training and developmental opportunities as key drivers of long-term loyalty.
 

Guidance Sought on Wellness Efforts and Anti-Discrimination Laws
More regulation is needed to stop wellness programs from violating worker-protection laws, labor advocates told the Equal Employment Opportunity Commission at a May 8 hearing. Business advocates, meanwhile, sought protection for incentive-based wellness programs.  

Use of Outcomes-Based Incentives Up
Most employers say they are likely to adapt or increase their use of wellness program incentives tied to achieving health goals.

Open Enrollment HIPAA Action Items
Added to the open enrollment to-do list are more Health Insurance Portability and Accountability Act (HIPAA) employee notices and related procedures, required by final regulations issued earlier this year.

For 2014, Higher HSA Contribution Limits
The IRS announced higher limits for 2014 on contributions to health savings accounts (HSAs) and for out-of-pocket expenses under high-deductible health plans (HDHPs) linked to them.

Boosting 401(k) Plan Effectiveness
Eighty-four percent of plan sponsors identified improved participant education as a focus area for their plans, according to a new survey.

White House Opposes Flex Act Bill
The Obama administration “strongly opposes” a SHRM-supported bill that would give private-sector employers the option to provide nonexempt employees with comp time in place of overtime.
Related: Working Families Flex Act Passes House
 

Proposed Rule Clarifies Minimum Value Determinations
On May 3, the IRS published a proposed rule that provides additional guidance on what constitutes the minimum value of an employer-sponsored health plan. The rule addresses wellness incentives and health savings accounts, among other factors.

Expansion of FMLA to More Relatives Proposed
Sponsors of the Family and Medical Leave Inclusion Act, introduced in the House and Senate, claim the FMLA's coverage is too narrow.

 Featured Articles

2013 Compliance:
For 2013, IRS Raises 401(k) and Pension Plan Limits
Wages Subject to Social Security Tax to Increase in 2013
For 2013, Higher Limits for HSA Contributions
IRS Issues Guidance on $2,500 FSA Limit for 2013

HEALTH CARE REFORM:
(For more, visit SHRM Online's Health Care Reform Resource Page
New Guidance and Template for SBCs
Fewer Health Plans Still Grandfathered
Proposed Rule on 90-Day Waiting Period Limit 

HEALTH CARE COVERAGE & COSTS:
Workers Unprepared for Higher Costs
Managing Health Care Costs
Supreme Court Lets Health Plan Recover Auto Settlement
Levers of Change: Employers Respond to Shifting Health Care Landscape 

WELLNESS PROGRAM: 
Employers Link Premiums to Wellness 
Tax Implications of Wellness Rewards 
Mayo Clinic Study: Financial Incentives Further Weight Loss
From a Candy Culture to Health-Obsessed: A Wellness Convert's Tale 

LEAVE & DISABILITY MANAGEMENT:
Use FMLA Leave as an ‘Early Warning System’
DOL Releases New FMLA Model Forms and Notice Poster
Navigating Barriers to Inquiring About Medical Conditions

RETIREMENT—DEFINED CONTRIBUTION PLANS:
(For more, visit SHRM Online's Retirement Plans Resource Page
Render Retirement Plan Audits Painless
401(k) Loan Taking by 'Sandwiched' Employees
Handling Late 401(k) Plan Deposits

RETIREMENTDEFINED BENEFIT PLANS:
DOL Issues Annual Pension Funding Notice Requirements
More Pensions to Offer Lump-Sum Payout Windows

RETIREMENT PLANNING:
Retirement Confidence Stuck at Historic Lows
Increase' in U.S. Workers Delaying Retirement

PARTNER AND SPOUSE BENEFITS:
Same-Sex Marriage Cases Will Affect Benefits
Gay Partners Get Some Caretaking Leave
'Big Four' Firm Provides Tax Gross-Up Benefit to LGBT Employees

OTHER BENEFITS:
Disability Claims Rise, but Fewer Have Coverage
Vision Benefits: Valuable But Under-Used

REWARD STRATEGY:
Ancillary Benefits Viewed as Differentiator
Benefits Communication Pays Off
Benefits Strategies Grow
Benefits Outsourcing: Focus on the Employee Experience

Note: SHRM Online's full archive of benefits articles can be accessed via the list of benefits topics on the upper left side of this web page.

 Toolkits & Guides

 Discipline Overview

Read an overview of terminology and issues associated with benefits.

2013 Benefit Plan Reporting and Disclosure Calendar

 SHRM Resources

Health Care Reform Resources
Visit SHRM's Health Care Reform Resource Page for the latest news and information on how health care reform will affect employer-provided health benefits. Shortcut: www.shrm.org/healthcare

Compensation Discipline
Visit SHRM's Compensation Discipline for the latest articles and updates on compensation and monetary rewards. Shortcut: www.shrm.org/pay

Retirement Plans Resources
Visit SHRM's Retirement Plans Resource Page for the latest news and information on helping employees prepare for a secure retirement. Shortcut: www.shrm.org/retirement

Outsourcing and Contract Resources
Visit SHRM's HR Outsourcing & Vendor Relations Resource Page for the latest on outsourcing and managing vendor relations. Shortcut: www.shrm.org/outsourcing

Workplace Flexibility Resources
Visit SHRM's Workplace Flexibility Resource Page for the latest on addressing work/life challenges through flexible arrangements and other strategies. Shortcut: www.shrm.org/workflex 

Additional SHRM Resources
Pose your questions and discuss compensation issues with your HR peers on SHRM's HR Talk Bulletin Board: Compensation & Benefits. Visit SHRM Online's Benefits—Legal & Regulatory Issues. Join the SHRM Connect Benefits Group.

 External Newswire

 Featured Video

Consumer-Directed Health at Chrysler
Kathleen Neal, director of integrated health care and disability, says Chrysler helps control health benefit costs through its consumer-directed plan with a health savings account.

 Featured Webcasts

Upcoming:

A New Reality: Creating Financial Wellness in Your Organization
May 23, 2 p.m. ET
Presenter:
Katie Nedl, BlackRock; and Steve Ulian, Bank of America Merrill Lynch
Sponsor: Bank of America Merrill Lynch

Recently archived: 

Using Recognition to Drive Employee Engagement
Presenter: Amelia Generalis, Achievers
Sponsor: Achievers

Health 'Gamification'
Presenter: Brian Berchtold, hubbub health
Sponsor: hubbub health

More Benefits webcasts

 Featured Store Item

Workflex: The Essential Guide to Effective and Flexible Workplaces

This guide includes research, legal, and experience-based perspectives and in-depth case studies of workplace flexibility as well the tools and techniques needed to translate those perspectives into action.

 E-Newsletter Sign-Up

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