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The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...
Retirees Plea to Congress: Vote on Employee Benefits Protection - Yorktown-Somers, NY - Many Older Americans Tell of Economic Nightmares, Having to Choose Between Food and Medicine
Rockland Retirees Succeed In Keeping Benefits Unchanged - New City, NY - County lawmakers agreed with retired employees, who worried about a proposal to change their health insurance to a Medicare ...
An employee trust is a trust for the benefit of employees. The employees that an employee trust benefits are usually defined by reference to employment by a particular company (or group of companies). In addition to employees, the beneficiaries may, under the terms of the trust, include some or all of former employees (of the relevant company ...
On February 8, 2010, NRPC announced it reached an agreement (awaiting court approval) with Nortel in which Nortel would advance $57 million to fund medical and life insurance benefits for some Canadian pensioners and their survivors, and provide long-term disabled employees with wage-replacement, medical and life insurance benefits until ...
In the meantime, 600 Aetna employees will begin working with the State Health Plan on the transition. The state’s new contract with Aetna will begin in 2025. More than 700,000 teachers, state ...
It’s not just benefits costs where employers stand to lose money—unsatisfied employees may look for jobs that provide more desirable benefits packages. Just 48% of employees say they are ...
Employer-covered health care is the most important benefit to employees in 2023, according to a new poll from Forbes Advisor. Offerings of life insurance, pension and retirement plans, mandatory ...