What's New - February 2013


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[2/28/13]  U.S. Census Bureau:  “Census Bureau Reports Decline in Employment-Based Health Insurance”

[2/28/13]  U.S. Small Business Administration:  Affordable Care Act 101: What the Health Care Law Means for Small Businesses

[2/28/13]  Kaiser Family Foundation & Journal of the American Medical Association:  “The US Public’s Health Care Agenda for 2013

[2/28/13]  Plan Sponsor:

[2/28/13]  Fox Business:  “401(k): Pass or Fail?

[2/28/13]  ReverseMortgageDaily.com:  “Housing Key Driver of Spiking Debt Among Older Households

[2/28/13]  The Los Angeles Times:  “Hundreds of businesses join brief in Supreme Court opposing DOMA

[2/27/13]  U.S. Department of Health and Human Services:  Patient Protection and Affordable Care Act; Health Insurance Market Rules; Rate Review; Final rule [as published in the Federal Register on Feb. 27, 2013]

[2/27/13]  Willis:  The Health Care Reform Survey, 2012-2013

[2/27/13]  The Heartland Institute:  “Health Insurance Premiums Are Going Up

[2/27/13]  Employee Benefit Adviser:  “How will HRAs and HSAs work on public exchanges?

[2/27/13]  The Brookings Institution:  Proposal 6: Better Ways to Promote Saving Through the Tax System

[2/27/13]  Kiplinger:  “Are You Saving Enough?

[2/27/13]  Plan Sponsor:  “Time to Pay the Piper -- Sponsors have a responsibility to educate participants about RMDs

[2/27/13]  NBCNews.com:  “Not-so-golden years: Over 75, burdened by debt

[2/26/13]  The Segal Company:  Winter 2013 Report of Results from the Survey of Plans’ 2012 Zone Status

[2/26/13] J.P. Morgan Asset Management:  Pension Pulse -- News and Views Impacting Corporate Plans

[2/26/13]  National Institute on Retirement Security:  Pensions and Retirement Security 2013: A Roadmap for Policy Makers

[2/26/13]  AdvisorOne:  “Top 5 Retirement Issues

[2/26/13]  Plan Sponsor:  “Americans’ Savings Habits Remain Unchanged

[2/26/13]  NorthJersey.com:  “Elderly carrying more debt than in the past

[2/26/13]  Callan Associates:  The Callan Periodic Table of Investment Returns: Annual Returns for Key Indices (1993-2012) Ranked in Order of Performance

[2/26/13]  Congressional Budget Office:  Federal Budget Challenges -- Presentation at the U.S. Monetary Policy Forum

[2/25/13]  Business Finance Magazine:  “Link Round-Up: Good Benefits = Job Acceptance

[2/25/13]  U.S. Department of Health & Human Services:  Patient Protection and Affordable Care Act; Standards Related to Essential Health Benefits, Actuarial Value, and Accreditation; Final rule [as published in the Federal Register on Feb. 25, 2013]

[2/25/13]  America’s Health Insurance Plans:  “WSJ on the Health Reform Law’s Effect on Premiums

[2/25/13]  Society for Human Resource Management:  “ROI of Wellness: How Good Is the Data?

[2/25/13]  Retirement Made Simpler™:  Financial Inertia Among Low-Income Individuals -- Plan Carefully When Setting 401(k) Defaults

[2/25/13]  Fox Business:  “Older Americans Increasingly Burdened With Debt

[2/25/13]  The Sacramento Bee:  “Many aging boomers balk at retirement

[2/22/13]  Money Magazine, March 2013 Cover Feature:  “Dream Big, Act Now: Six Secrets of Retirement” (Reprinted by permission)

[2/22/13]  Credit Union Times:  “Senate Explores Ways to Improve Retirement Security

[2/22/13]  The Los Angeles Times:  “A crucial step toward retirement security for the working class

[2/22/13]  Milliman White Paper:  Longevity Plan [“This article is not meant to compare the advantages and disadvantages of DC and DB plans; rather, it is meant to promote a new retirement paradigm where both types of plans can coexist and complement one another.”]

[2/22/13]  Financial Advisor:  “Oldest Americans’ Debt Load Increases

[2/22/13]  Health Affairs [Blog]:  “Implementing Health Reform: The Essential Health Benefits Final Rule

[2/22/13]  J.P. Morgan:  “J.P. Morgan Health Savings Account Snapshot Shows Consumer Contributions Reach Highest Levels in Eight Years

[2/21/13]  U.S. Department of Labor:  FAQs About Affordable Care Act Implementation Part XII -- Limitations on Cost-Sharing under the Affordable Care Act

[2/21/13]  The Hill [Healthcare Blog]:  “Health accounts remain popular despite health law’s restrictions

[2/21/13]  Plan Sponsor:

[2/21/13]  BankInvestmentConsultant.com:  “One in Five Senior Americans Outspend Their Income by 50% or More

[2/20/13]  The Washington Post [Blog]:  “It’s official: The feds will run most Obamacare exchanges

[2/20/13]  Human Resource Executive Online:

[2/20/13]  Internal Revenue Service:  Retirement Plan FAQs regarding Required Minimum Distributions

[2/20/13]  Fox Business:  “Why Some Americans Might Get Less Social Security

[2/20/13]  Employeeassistanceprogram.net:  “Best Information About Employee Assistance Program” [This website includes information about the benefits for employers and the benefits of EAPs for employees.]

[2/20/13]  Moment of Truth Project:  “A Bipartisan Path Forward to Securing America’s Future,” by Erskine Bowles and Alan Simpson

[2/19/13]  The Washington Post:  “Fiscal trouble ahead for most future retirees

[2/19/13]  CNN Money:  “Six secrets to a dream retirement

[2/19/13]  Plan Sponsor:  “2013 403(b) Buyer’s Guide” [“This survey provides a listing of various types of providers to 403(b) plans, including the services each one provides as well as information on which 403(b) market segment(s) each one serves.”]

[2/19/13]  The New York Times:  “Some Employers Could Opt Out of Insurance Market, Raising Others’ Costs

[2/19/13]  The Heartland Institute:  “The CBO Is Skeptical about Obamacare

[2/19/13]  Kaiser Family Foundation:  Medigap: Spotlight on Enrollment, Premiums, and Recent Trends

[2/15/13]  Internal Revenue Service:

[2/15/13]  Workforce.com:  “Preserving Tax Incentives for 401(k)s

[2/15/13]  Plan Sponsor:

[2/15/13]  Allstate:  “Americans Struggle to Save Despite Optimism about Financial Situation” [News Release]

[2/15/13]  J.P. Morgan Asset Management:  Ready! Fire! Aim? 2012: How some target date fund designs continue to miss the mark on providing retirement security to those who need it most

[2/15/13]  Health Enhancement Research Organization (HERO) and Mercer:  HERO Employee Health Management Best Practice Scorecard in Collaboration with Mercer: Annual Report 2012

[2/15/13]  Kaiser Family Foundation Data Note:  “Public Opinion Polling on Raising the Age of Medicare Eligibility: Historic Trends and Current Nuances

[2/15/13]  U.S. News & World Report:  “What’s Your Social Security Break-Even Age?

[2/14/13]  Mother Jones:  “CHART: Will Boomers and Gen Xers Be Able to Retire?

[2/14/13]  Plan Sponsor:  “EBRI Shares Factors That Impact Retirement Readiness

[2/14/13]  Aon Hewitt:  “Aon Hewitt Survey Reveals More Employers Plan to Offer Lump-Sum Pension Payouts in 2013” [News Release]

[2/14/13]  Sibson Consulting Spotlight:  “Looking Beyond the Immediate Impact of the Pension Provisions of MAP-21

[2/14/13]  Employee Benefit News:  “State-of-the-Union fact check: Is PPACA slowing health care cost growth?

[2/14/13]  The Wall Street Journal:  “Four Key Questions for Health-Care Law

[2/14/13]  The Hill:  “Health law rule on ‘essential benefits’ sent to White House for final review

[2/14/13]  Social Security Bulletin:  “Effects of Employer-Sponsored Health Insurance Costs on Social Security Taxable Wages

[2/13/13]  Internal Revenue Service:  25-Year Average Segment Rates and Adjusted 24-Month Average Segment Rates Used for Pension Funding for Plan Years Beginning in 2013 [Notice 2013-11]

[2/13/13]  U.S. News & World Report:

[2/13/13]  T. Rowe Price:  Getting Beyond Ordinary: Advances in Automatic Savings Program Design

[2/13/13]  Plan Sponsor:

[2/11/13]  Milliman 100 Pension Funding Index:  “Milliman analysis: Pension plans off to a roaring start in 2013 as funded status improves by $106 billion

[2/11/13]  Dallas Morning News:  “Workers planning to stay on the job longer to keep health coverage

[2/11/13]  Buck Consultants:  “Staying the Course: Employers Show Commitment to Wellness Despite Economic Hard Times” [Press Release]

[2/11/13]  U.S. Department of Health & Human Services:  “Administration issues Notice of Proposed Rulemaking on recommended preventive services policy” [News Release]

[2/8/13]  America Saves Week, February 25 - March 2, 2013 [“America Saves Week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.  Each year, employers promote the workplace savings benefits they offer through emails, newsletters, payroll stuffers, and workshops.  Check out the free resources at this website to help your employees save and sign up to participate in this nation-wide movement today.”]

[2/8/13]  Investment Company Institute:  America’s Commitment to Retirement Security: Investor Attitudes and Actions, 2013

[2/8/13]  Investment News:  “ICI survey: Americans back tax breaks for retirement savings

[2/8/13]  Plan Sponsor:

[2/8/13]  Morningstar Investment Management:  Low Bond Yields and Safe Portfolio Withdrawal Rates

[2/8/13]  U.S. Department of Labor:  “Family and Medical Leave Act -- Protections Expanded for Military Families and Airline Flight Crews -- Final Rule to Implement Statutory Amendments

[2/7/13]  U.S. Bureau of Labor Statistics:  “Compensation costs increased in December 2012

[2/7/13]  T. Rowe Price Retirement Plan Services, Inc.:  Legislative and Regulatory Landscape: 2013 [as of January 10, 2013]

[2/7/13]  Manhattan Institute:  Fixing the Public Sector Pension Problem: The (True) Path to Long-Term Reform

[2/7/13]  Truthout.org:  “Solve the Real Problems - Poverty, Retirement and Health Insecurity - and the Economy Will Recover

[2/7/13]  Plan Sponsor:  “Promoting Wellness Is a Business Strategy

[2/7/13]  Kaiser Family Foundation Policy Insights:  “Why Premiums Will Change for People Who Now Have Nongroup Insurance

[2/7/13]  Social Security Administration:  Annual Statistical Supplement to the Social Security Bulletin, 2012

[2/7/13]  Joint Committee on Taxation:  Estimates of Federal Tax Expenditures for Fiscal Years 2012-2017 [Note: Insurance and other financial institutions are listed on pages 35-36 of the report. Retirement plans are considered on pages 39-40 of the report.]

[2/6/13]  Aon Hewitt:  “Aon Hewitt Survey Reveals More U.S. Employers Likely to Add Roth Features to their Defined Contribution Plans in 2013

[2/6/13]  Plan Sponsor:  “Retirement Expectations May Be Too Ambitious

[2/6/13]  Insured Retirement Institute:  Guaranteed Lifetime Income Options within Employment-Based Plans

[2/6/13]  Towers Watson:  Global Pension Assets Study 2013

[2/6/13]  Congressional Budget Office:  CBO’s February 2013 Estimate of the Effects of the Affordable Care Act on Health Insurance Coverage

[2/6/13]  The Washington Post [Blog]:  “Three ways CBO expects health spending to change

[2/6/13]  RAND Health Research Highlights:  “Skin in the Game: How Consumer-Directed Plans Affect the Cost and Use of Health Care

[2/6/13]  Pew Internet & American Life Project and California HealthCare Foundation:  Tracking for Health

[2/5/13]  U.S. Department of Health & Human Services:  Patient Protection and Affordable Care Act; Exchange Functions: Eligibility for Exemptions; Miscellaneous Minimum Essential Coverage Provisions; Proposed rule [as published in the Federal Register on Feb. 1, 2013]

[2/5/13]  U.S. Department of the Treasury (IRS):

[2/5/13]  The Washington Post:  “Everybody’s working for the…health care benefits

[2/5/13]  The Wall Street Journal:  “One Reason to Keep Working: Cheap Healthcare

[2/5/13]  National Institute for Health Care Reform Research Brief:  “Few Americans Switch Employer Health Plans for Better Quality, Lower Costs

[2/5/13]  Plan Sponsor:  “Many Part-Timers Do Not Select Health Benefits

[2/5/13]  U.S. Senate Committee on Health, Education, Labor, & Pensions:  Hearing on “Pension Savings: Are Workers Saving Enough for Retirement?” [Hearing held Jan. 31, 2013; includes links to archived webcast and written testimonies]

[2/5/13]  Center for State & Local Government Excellence Issue Brief:  “Locally-Administered Pension Plans, 2007-2011

[2/5/13]  National Association of State Retirement Administrators Issue Brief:  “Public Pension Plan Investment Return Assumptions” [Updated January 2013]

[2/5/13]  Urban Institute Retirement Security Data Brief:  “Retirement Plan Assets” [January 2013]


What's new at EBRI this month:

EBRI 2012 Fall Policy Forum:  “’Post’ Script: What’s Next for Employment-Based Health Benefits” [“gavel to gavel” webcast - Prerecorded broadcast available through the International Foundation of Employee Benefit Plans]

EBRI 2012 Spring Policy Forum:  “’After’ Math: The Impact and Influence of Incentives on Benefit Policy” [“gavel to gavel” webcast - Prerecorded broadcast available through the International Foundation of Employee Benefit Plans]

EBRI 2011 Fall Policy Forum: “Innovations in Employment-Based Health Benefits: Lessons Learned for Public Policy” [“gavel to gavel” webcast - Prerecorded broadcast available through the International Foundation of Employee Benefit Plans]

EBRI's Recent Media Coverage

“EBRI Now on Twitter” [EBRI Press Release, 2/6/09]

401(k) Balances and Changes Due to Market Volatility


February 2013 EBRI Issue Brief - "Income Composition, Income Trends, and Income Shortfalls of Older Households"

February 2013 EBRI Notes - "Debt of the Elderly and Near Elderly, 1992-2010" and "Employer and Worker Contributions to Health Reimbursement Arrangements and Health Savings Accounts, 2006-2012"


What's new in employee benefits:

  • HR News Online -- a daily update from the Society for Human Resource Management

The following items have been added to the Government Accountability Office's Web site in Portable Document (PDF) format:

Patient Protection and Affordable Care Act: Effect on Long-Term Federal Budget Outlook Largely Depends on Whether Cost Containment Sustained. GAO-13-281, January 31. Highlights.

Private Health Insurance: Expiration of the Health Coverage Tax Credit Will Affect Participants' Costs and Coverage Choices as Health Reform Provisions Are Implemented. GAO-13-147, December 28. Highlights.

Retirement Security: Annuities with Guaranteed Lifetime Withdrawals Have Both Benefits and Risks, but Regulation Varies across States. GAO-13-75, December 10. Highlights. Podcast.

Higher Education: A Small Percentage of Families Save in 529 Plans. GAO-13-64, December 12. Highlights.

Retirement Security: Older Women Remain at Risk, by Barbara D. Bovbjerg, managing director, education, workforce, and income security, before the Senate Special Committee on Aging. GAO-12-825T, July 25.


If a title link above no longer works, click here for the GAO home page and search for the report by keyword or report number. Click here to browse by date,  topic, or agency.   Searches for reports can also be conducted in the Government Accountability Office (GAO) Reports Online via GPO Access database.

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Updated 2/28/13