Retirement & Benefits

From an attempt to override the veto to a legal challenge by Republican attorneys general of 25 states, the political issues surrounding the DOL's ESG rule will continue to swirl for the foreseeable future.

Although the average retirement account balance rose in the fourth quarter of last year, balances ended the year down from a year earlier – losing nearly one-quarter of their value, according to a new Fidelity report.

The healthcare provider negotiates lower rates with in-network providers to save members money; however, members allege that Cigna participated in a "fraudulent scheme" that overcharged members.

The proposal would create a two-tier system—one for those who directly invest with a mutual fund, and another for those that invest through intermediaries, such as the typical retirement plan participant, say opponents.

This dollar amount equates to 6.6 billion lost hours of productivity over a two-year period of the pandemic, according to a new Integrated Benefits Institute report.

Forty-nine GOP senators, as well as Sen. Joe Manchin, plan to reintroduce a resolution attempting to block enforcement of the DOL's new ESG regulation for retirement plans, which took effect Monday.

No slowdown is expected in the coming months when it comes to employer-sponsored healthcare and retirement plans. Here are some of the big-ticket items.

As employee health benefits consume an increasing portion of the compensation pie, employers can take these steps to keep costs in check without reducing programs' benefits.