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Most Emailed Benefits Management News

Humana looks to sell urgent care subsidiary Concentra: Sources

Published October 22, 2014 CST

(Reuters) — Health insurer Humana Inc. is exploring a sale of its urgent care subsidiary Concentra in a deal that could value it at around $1 billion, according to three people familiar with the matter.

IRS announces maximum 401(k) plan contribution limits for 2015

Published October 23, 2014 CST

The maximum contribution that can be made to 401(k) plans in 2015 will rise to $18,000, up from the current $17,500 limit, the Internal Revenue Service announced Thursday.

Senators want rules on corporate pension de-risking

Published October 23, 2014 CST

The chairmen of two Senate committees are asking the heads of several federal agencies to develop guidance on one of the hottest defined benefit pension plan trends: employer moves to “de-risk” the plans.

PBGC takes over food wholesaler’s pension plan; warns of 2015 rate hikes

Published October 27, 2014 CST

The Pension Benefit Guaranty Corp. has taken over the underfunded pension plan of White Rose Inc., an independent Carteret, New Jersey-based independent food wholesaler that filed for Chapter 11 bankruptcy last month and now is selling off assets.

Boeing offers lump-sum, immediate annuity options to 40,000 former employees

Published October 28, 2014 CST

Boeing Co. is offering an option of a lump-sum payout or an annuity to 40,000 former employees who have not yet retired, the first time the Chicago-based company has offered such choices from its existing defined benefit plans.

Lockheed Martin to forgo pension contributions in 2015 through 2017

Published October 22, 2014 CST

Lockheed Martin Corp. announced Tuesday it has contributed $1 billion in contributions to its defined benefit plans thus far in 2014 out of an expected $2 billion and does not expect to make further contributions for at least three more years.

Low-cost health plans pass online minimum value coverage test

Published October 26, 2014 CST

What may be a flaw in the federal government's online calculator to determine if employer-provided health insurance coverage meets the health care reform law's “minimum value” test is allowing employers to offer low-cost basic plans without triggering a big reform law penalty.

Daughters of Charity Health System church plan challenged

Published October 24, 2014 CST

Another church-affiliated hospital system is being sued by employees challenging its defined benefit plan’s exemption from federal pension law.

Women pay more than men for health care benefits: Mercer

Published October 24, 2014 CST

Women pay more for health benefits and receive less coverage, according to researchers at Mercer L.L.C.