What's New - June 2012

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[6/29/12]  Kaiser Health News:  “The Supreme Court Rules: The Individual Mandate Survives as a Tax, Justices Find Fault with Medicaid Expansion

[6/29/12]  Mercer:  “Supreme Court’s decision puts pressure on employers to implement health law or face penalties

[6/29/12]  U.S. Bureau of Labor Statistics:  “How have health benefits changed in state and local governments from 1998 to 2011?

[6/29/12]  U.S. Census Bureau:  Quarterly Survey of Public Pensions: State & Local Government -- 2012 First Quarter

[6/29/12]  Investment Company Institute:  “Retirement Assets Total $18.9 Trillion in First Quarter 2012

[6/29/12]  FMLA Insights:  “DOL’s New Employee Guide to the FMLA Issued: What’s the Impact on Employers?

[6/28/12]  The Wall Street Journal:  “Supreme Court to Decide on Health Law

[6/28/12]  The Segal Company’s Capital Checkup:  “New Guidance on Cafeteria Plans

[6/28/12]  U.S. Bureau of Labor Statistics:  “Employer-provided health insurance in state and local government

[6/28/12]  Plan Sponsor:  “Retirees May Be Overly Confident About Health Care Costs

[6/28/12]  Prudential:  Insights on Investing: Fixed Income Options Within DC Plans

[6/28/12]  Milliman’s DB digest:  “Defined benefit plan statements: getting by or adding value?

[6/27/12]  National Center for Health Statistics:  Health Insurance Coverage: Early Release of Estimates from the National Health Interview Survey, 2011

[6/27/12]  Kaiser Health News [Blog]:  “Health Policy Groups Prepare for Day of Spin

[6/27/12]  Plan Sponsor:  “Employers Hoping for Repeal of Health Reform Law

[6/27/12]  The Vanguard Group:  How America Saves 2012: A report on Vanguard 2011 defined contribution plan data

[6/27/12]  U.S. News & World Report [Blog]:  “5 Ways the Media Tries to Scare Retirees

[6/26/12]  Human Resource Executive Online:  “Employers Shifting Benefits Costs, Choices to Employees

[6/26/12]  Governmental Accounting Standards Board:  “GASB Improves Pension Accounting and Financial Reporting Standards” [News Release]

[6/26/12]  National Association of State Retirement Administrators Issue Brief:  “Public Pension Plan Investment Return Assumptions

[6/26/12]  OregonLive.com:  “SIMPLE ways out of fee-heavy workplace retirement plans

[6/26/12]  Fox Business:  “Easy Fix for Retirement Problems: Work Longer

[6/26/12]  Dallas Morning News:  “Nursing home stays deplete wealth

[6/25/12]  Society for Human Resource Management:  2012 Employee Benefits: The Employee Benefits Landscape in a Recovering Economy

[6/25/12]  The New York Times:  “New Rules on Public Pension Funds Seek Better Disclosure

[6/25/12]  AARP Public Policy Institute:  Older Americans’ Ambivalence Toward Annuities: Results of an AARP Survey of Pension Plan and IRA Distribution Choices

[6/25/12]  Plan Sponsor:  “Employers Need ‘Immediate’ Guidance Following PPACA Ruling

[6/25/12]  National Center for Employee Ownership:  “The Employee Ownership 100: America’s Largest Majority Employee-Owned Companies

[6/25/12]  Fox Business:  “Cost of Living Out Life’s Grand Events

[6/22/12]  Plan Sponsor:  “Actuaries Say Health Care Costs Will Remain High

[6/22/12]  Fortune:  “Health care reform: Freedom for disgruntled workers?

[6/22/12]  Kaiser Health (via Gant Daily):  “Health Law Is Mixed Bag for Employers

[6/22/12]  The Washington Post:  “Supreme Court health-care ruling likely to have long-term fallout

[6/22/12]  Center for Retirement Research at Boston College:  How Would GASB Proposals Affect State and Local Pension Reporting? [Working Paper]

[6/22/12]  Financial Finesse Reports:  Gender Gap in Financial Literacy

[6/21/12]  J.D. Power & Associates:  “Amid Uncertainty, a Large Proportion of Employers Prepare to Pursue Alternate Health Coverage Offerings for Their Employees” [Press Release]

[6/21/12]  U.S. House Committee on Education & the Workforce, Subcommittee on Health, Employment, Labor, and Pensions:  Hearing on “Assessing the Challenges Facing Multiemployer Pension Plans” [Hearing held June 20, 2012, includes links to archived webcast and to written testimonies]

[6/21/12]  Towers Watson:  Pensions in Transition: Retirement Plan Changes and Employer Motivations [2012 Report]

[6/21/12]  Plan Sponsor:  “Pension Funding Stabilization Not Long-Term Cure

[6/21/12]  Internal Revenue Service:  Amendment of Prohibited Payment Option Under Single-Employer Defined Benefit Plan of Plan Sponsor in Bankruptcy; Notice of proposed rulemaking and notice of public hearing [as published in the Federal Register on June 21, 2012]

[6/21/12]  Las Vegas Review-Journal:  “Home Economics for Retirement

[6/20/12]  AdvisorOne:  “Medicare, Taxes, Retirement Are Targets in Hearing

[6/20/12]  Center for Retirement Research at Boston College:  National Retirement Risk Index: How Much Longer Do We Need to Work?

[6/20/12]  PIMCO DC Dialogue™:  “Financial wellness in the workplace.” [“In this PIMCO DC Dialogue™, we talk with Andy Sieg [Head of Global Wealth and Retirement Solutions at Bank of America Merrill Lynch] about how retirement funding is changing in the U.S.  Andy comments that the three-legged stool has changed, and that the newer stool rests increasingly on defined contribution (DC) savings, as well as phased retirement.”]

[6/20/12]  Morningstar Investment Management:  Inaccurate Precision: The Danger of Replacement Rate Calculations [current draft: June 15, 2012]

[6/20/12]  U.S. Department of Health & Human Services:  “Number of Young Adults Gaining Insurance Due to the Affordable Care Act Now Tops 3 Million

[6/20/12]  Kaiser Family Foundation Notes on Health Insurance and Reform:  “Is a Death Spiral Inevitable If There is No Mandate?

[6/19/12]  Pew Center on the States:

[6/19/12]  Plan Sponsor:  “Most TDFs Employ a ‘Through’ Glidepath

[6/19/12]  The New York Times:  “Target-Date Funds Not Equally Safe

[6/19/12]  Bankers Life and Casualty Company Center for a Secure Retirement:  Listening to Middle-Income Americans, Series Part 1: Advice for Younger Generations

[6/19/12]  ADP Research Institute:  ADP Research Institute Benefits Study: Shifting U.S. Healthcare Landscape

[6/19/12]  U.S. News & World Report [Blog]:  “How Nursing Home Stays Ravage Finances

[6/18/12]  International Foundation of Employee Benefit Plans:  Health Care Reform: 2012 Employer Actions Update - Survey Results, May 2012

[6/18/12]  Deloitte Issue Brief:  “Deloitte 2012 Survey of U.S. Health Care Consumers: The performance of the health care system and health care reform

[6/18/12]  National Conference on Public Employee Retirement Systems and Cobalt Community Research:  The NCPERS 2012 Fund Membership Study

[6/18/12]  Plan Sponsor:

[6/18/12]  Bank of America Merrill Lynch:  2012 Workplace Benefits Report

[6/18/12]  Federal Reserve Bulletin:  “Changes in U.S. Family Finances from 2007 to 2010: Evidence from the Survey of Consumer Finances

[6/8/12]  Bloomberg Businessweek:  “Stocks helped lift US household wealth in Q1

[6/8/12]  Center for Retirement Research at Boston College:  How Important Is Asset Allocation to Retirement Security?

[6/8/12]  The Los Angeles Times:  “Mutual fund industry defends 401(k) plans

[6/8/12]  UC Berkeley Center for Labor Research and Education Research Brief:  “6.3 Million Private Sector Workers in California Lack Access to a Retirement Plan on the Job

[6/8/12]  Sibson Consulting Spotlight:  “Advantages and Disadvantages of DC to DB Rollovers

[6/8/12]  Pension Rights Center:  “Deciding Between a Lump Sum and an Annuity

[6/8/12]  AEGON Retirement Readiness Survey:  “The first-ever AEGON Retirement Readiness Survey looks at how people are preparing for a world in which we live longer than at any time in history.”

[6/8/12]  The Commonwealth Fund:  Young, Uninsured, and in Debt: Why Young Adults Lack Health Insurance and How the Affordable Care Act Is Helping: Findings from the Commonwealth Fund Health Insurance Tracking Survey of Young Adults, 2011

[6/7/12]  CPEhr:  2012 Employer Health Care Trends: Health Care Reform, Rising Insurance Costs & Three Employment Strategies to Mitigate Them

[6/7/12]  Milliman 100 Pension Funding Index:  “Milliman analysis: 2012 gains evaporate as corporate pension funded status sinks by $90 billion in May

[6/7/12]  The New York Times:

[6/7/12]  Plan Sponsor:  “One in Three Investors Says Retirement Will Be Delayed

[6/7/12]  AdvisorOne:  “Individuals’ Combined IRA Balance Higher Than Overall Average

[6/7/12]  Financial Advisor:  “How Much Do People Really Have in IRAs?

[6/6/12]  MetLife:  Retirement Income Practices Study: Perspectives of Plan Sponsors and Recordkeepers for Qualified Plans

[6/6/12]  Cogent Research:  Helping Hands: How Employers Are Guiding Employees Down the Path toward a Successful Retirement

[6/6/12]  National Association of State Retirement Administrators Issue Brief:  “Cost-of-Living Adjustments

[6/6/12]  CBS News:  “Delaying retirement? Here’s how to make it work

[6/6/12]  Virgin HealthMiles, Inc.:  2012 National Employee Wellness Month: Employer/Employee Survey -- Summary of Findings

[6/6/12]  Human Resource Executive Online:  “A ‘Good’ Strategy for Long-Term-Care Benefits

[6/5/12]  Internal Revenue Service:  Retirement News for Employers [Spring 2012]

[6/5/12]  The New York Times:  “The Curtain Opens on 401(k) Fees

[6/5/12]  U.S. Department of Health and Human Services:  Patient Protection and Affordable Care Act; Data Collection to Support Standards Related to Essential Health Benefits; Recognition of Entities for the Accreditation of Qualified Health Plans; Proposed rule [as published in the Federal Register on June 5, 2012]

[6/5/12]  Kaiser Family Foundation:  Cost and Access Challenges: A Comparison of Experiences Between Uninsured and Privately Insured Adults Aged 55 to 64 with Seniors on Medicare

[6/4/12]  Smartmoney.com [Blog]:  “401(k)s Drop Nearly 3% in May

[6/4/12]  The New York Times:  “G.M. Plans Big Buyouts for Retirees in Pension

[6/4/12]  Investment Company Institute:  “Retirement Assets Total $17.9 Trillion in Fourth Quarter 2011

[6/4/12]  Kaiser Health News and The Washington Post:  “The New Normal in Health Insurance: High Deductibles

[6/4/12]  Insurance News Net:  “House Education and the Workforce Subcommittee on Health, Employment, Labor, and Pensions Hearing

[6/4/12]  NIHCM Foundation Data Brief:  “U.S. Health Care Spending: The Big Picture

[6/1/12]  America’s Health Insurance Plans:  “Health Savings Account Enrollment Reaches 13.5 Million” [Press Release - Links to the full report and to slides are provided on this webpage.]

[6/1/12]  PricewaterhouseCoopers:  Medical Cost Trend: Behind the Numbers 2013 [Note: Free registration is required at the website to download the full report.]

[6/1/12]  Kaiser Family Foundation:  Kaiser Health Tracking Poll -- May 2012

[6/1/12]  U.S. House Committee on Education & the Workforce, Subcommittee on Health, Employment, Labor, and Pensions:  Hearing on “Barriers to Lower Health Care Costs for Workers and Employers” [Hearing held May 31, 2012, includes links to archived webcast and written testimonies]

[6/1/12]  Indianapolis Star:  “Indiana lawmakers’ pensions still beat those found in the private sector

[5/31/12]  Internal Revenue Service:  Section 125 - Cafeteria Plans: Health flexible spending arrangements not subject to $2,500 limit on salary reduction contributions for plan years beginning before 2013 and comments requested on potential modification of use-or-lose rule [Notice 2012-40]

[5/31/12]  The Segal Company:  2011 Study of State Employee Health Benefits


What's new at EBRI this month:

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]

Visit EBRI's Blog!

EBRI's Recent Media Coverage

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

401(k) Balances and Changes Due to Market Volatility


June 2012 EBRI Issue Brief“Effects of Nursing Home Stays on Household Portfolios”

June 2012 EBRI Notes“Use of Health Care Services and Access Issues by Type of Health Plan: Findings from the EBRI/MGA Consumer Engagement in Health Care Survey” and “Retirement Readiness Ratings and Retirement Savings Shortfalls for Gen Xers: The Impact of Eligibility for Participation in a 401(k) Plan”


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: IRS Managing Implementation Risks, but Its Approach Could Be Refined. GAO-12-690, June 13. Highlights.

Mental Health and Substance Use: Treatment Exclusions in Employers' Health Insurance Coverage. GAO-12-761R, May 31.

401(k) Plans: Increased Educational Outreach and Broader Oversight May Help Reduce Plan Fees. GAO-12-325, April 24. Highlights. Related Product: 401(k) PLANS: Survey of 401(k) Plan Sponsors on Fees (GAO-12-550SP, April 2012), an E-supplement to GAO-12-325. GAO-12-550SP, April 24.

Small Employer Health Tax Credit: Factors Contributing to Low Use and Complexity. GAO-12-549, May 14. Highlights.

Unemployed Older Workers: Many Experience Challenges Regaining Employment and Face Reduced Retirement Security. GAO-12-445, April 25. Highlights.

Defined Contribution Plans: Approaches in Other Countries Offer Beneficial Strategies in Several Areas. GAO-12-328, April 23. Highlights.

Unemployed Older Workers: Many Face Long-Term Joblessness and Reduced Retirement Security, by Charles A. Jeszeck, Director, Education, Workforce, and Income Security, before the Senate Special Committee on Aging. GAO-12-724T, May 15.


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 6/29/12