What's New - September 2016



SIGN UP FOR: EBRIef, a weekly update featuring both current and past EBRI research, testimony and presentations, as well as ASEC activities, regulatory updates, applicable court decisions, and research and news from across the employee benefit industry. Sign up here.

EBRIef archives:

Visit EBRI's Blog!


Index to All Months                                                                                                    Return to Current Month


As a research site, EBRI.org maintains old listings in the “What’s New” page, even though some of the older links may no longer function.  If you reach a bad link, go back to the main site by deleting everything after “.com” or “.org” or ".gov" or “.net” in the address. Since we maintain www.ebri.org/ as a research and education resource, and not current news, we hope you will understand our policy and the use for which it is maintained.  We apologize for any inconvenience.


[9/30/16] NAPA Net: “California Joins State-Run Retirement Plan Ranks

[9/30/16] PlanSponsor: “Is DB Plan Annuitization More Costly Than Maintaining the Plan? SEI contends most companies can handle maintaining a DB plan for less than the cost of offloading it, but there are individual factors to consider.

[9/30/16] Bloomberg View: “Health-Care Costs Ate Your Pay Raises

[9/30/16] The Commonwealth Fund’s In The Literature: “Improving Population Health Management Strategies: Identifying Patients Who Are More Likely to Be Users of Avoidable Costly Care and Those More Likely to Develop a New Chronic Disease

[9/30/16] Urban Institute: “Designing a Medicare Buy-In and a Public Plan Marketplace Option -- Policy Options and Considerations

[9/30/16] U.S. Department of Labor, Office of the Secretary: Establishing Paid Sick Leave for Federal Contractors; Final rule [as published in the Federal Register on Sept. 30, 2016 - Effective date: This Final Rule is effective on November 29, 2016. Applicability date: For procurement contracts subject to the Federal Acquisition Regulation and Executive Order 13706, this Final Rule is applicable only after the effective date of regulations to be issued by the Federal Acquisition Regulatory Council. The Department of Labor will publish a document in the Federal Register to announce the applicability date for such contracts.]

[9/29/16] Willis Towers Watson Insider: “Employee Benefits on the Agenda in 2016 Election Campaigns

[9/29/16] CBS MoneyWatch: “Workers to politicians: Fix the retirement system

[9/29/16] PlanAdviser: “2016 PLANADVISER Recordkeeper Services Guide

[9/29/16] InsuranceNewsNet: “DOL Rule Will Lead to Simplification of Many Retirement Products

[9/29/16] 401(k) Specialist: “401k Advisors MUST Educate Plan Sponsors On Two Numbers -- Important difference between 3(21) and 3(38) providers

[9/29/16] Cheiron: “IRS Simplifies Rules for Allowing Participants to Take Partial Lump-Sum Distributions

[9/29/16] Willis Towers Watson: “Six in 10 Millennials Would Sacrifice Pay for Guaranteed Retirement Benefits -- But Willis Towers Watson survey shows their appetite has declined for forfeiting pay in lieu of lower, more predictable health benefit costs

[9/29/16] Segal Consulting Data [Practical Research for Multiemployer Plans]: “Double-Digit Rx Benefit Cost Trends Projected for 2017 -- Lower Cost Trends Projected for Health Plans, but their Rates Significantly Outpace Inflation and Wage Increases

[9/29/16] eHealth: “Fewer Prescription Drugs Covered by Obamacare & Other Insurance in 2017

[9/29/16] Kaiser Health News: “Poll: Vast Majority of Americans Want Government Intervention on High Drug Prices

[9/29/16] NerdWallet: “Investment Advantages of Health Savings Accounts

[9/29/16] Kaiser Family Foundation: “The Gap in Medigap

[9/28/16] PlanAdviser: “Majority of Today’s Retirees Have a Pension -- However, only 24% of workers are covered by a pension.

[9/28/16] GetRichSlowly.org [Blog]: “Survey: 71% of Americans are Behind on Retirement Savings

[9/28/16] NerdWallet: “Study: Millennials May Have to Save 22% of Yearly Income for Retirement If Market Returns Drop

[9/28/16] NAPA Net: “Rescuing Retirement from the ‘Rescuers’

[9/28/16] Brookings: Retirement Plans for Contingent Workers: Issues and Options

[9/28/16] Prudential Research & Perspectives: Planning for Retirement: The Implications of Carrying Higher Housing Debt into Retirement

[9/28/16] Bloomberg BNA: “BP Beats ERISA Challenge to Stock Drop in 5th Circuit

[9/28/16] U.S. Department of the Treasury: “No retirement plan at work? 4 tips for 2016 Open Enrollment Season

[9/28/16] Vision Monday: “Six Percent Increase in Health Care Premiums Expected for 2017

[9/28/16] PlanSponsor: “DOL Reaches Settlement With Company Over ACA Violations -- The lumber producer made changes to its health care plan, falling out of ‘grandfathered’ status under the ACA, but kept administering it as a ‘grandfathered’ plan.

[9/27/16] Investment Company Institute: “Retirement Assets Total $24.5 Trillion in Second Quarter 2016

[9/27/16] Xerox Corporation Legislate® [Key Legislative Developments Affecting Your Human Resources]: “Lawmakers’ Year-End Sprint for Savings, Pension and Multiemployer Plan Changes -- Although passing a spending bill remains front and center, legislation aimed at changing the retirement landscape shares the spotlight on Capitol Hill.

[9/27/16] PlanAdviser: “Bill Would Allow Small Employers to Participate in Open MEPs -- The Retirement Enhancements and Savings Act of 2016 includes many other provisions that address plan sponsors’ needs and questions.

[9/27/16] Institutional Investor: “Target-Date Funds: A Bullseye Retirement Solution? Assets in the funds have soared. But RIAs need to be aware of some nuances before they recommend them to their clients.

[9/27/16] TIME: “5 Smart 401(k) Moves to Make Now

[9/27/16] Financial Finesse: “How to Calculate the Value of Your Benefits

[9/27/16] PlanSponsor: “HSAs Can Help Employers Rein In Medical Costs -- A study shows that employees in high-deductible health plans are foregoing care because of the cost, and this could result in more catastrophic and disability claims.

[9/27/16] ConsumerReports.org: “How FSAs and HSAs Ease the Pain of Healthcare Costs -- Two types of accounts--flexible spending and health savings--allow you to pay with pretax dollars

[9/27/16] USA Today: “5 blunders to avoid when enrolling for benefits at work

[9/27/16] Health Fitness Corporation: “Stacking up healthy changes: New research identifies success factors for reducing employee BMI

[9/26/16] Mercer: “Three Ways to Help Employees Be Their Own Health Advocates

[9/26/16] Society for Human Resource Management: “As Premium Growth Slows, Health Plan Deductibles Rise -- Employers help offset cost-shifting with HSA contributions

[9/26/16] The Commonwealth Fund: “Comparing the 2016 Presidential Candidates’ Health Proposals

[9/26/16] NAPA Net: “DOL Fiduciary Rule to Trigger Big Asset, Revenue Shifts

[9/26/16] U.S. House Committee on Education and the Workforce, Subcommittee on Health, Employment, Labor, and Pensions: Hearing titled “Discussion Draft to Modernize Multiemployer Pensions” [Hearing held Sept. 22, 2016, includes links to witness testimonies]

[9/26/16] USA Today: “Clinton and Trump share this Social Security similarity

[9/23/16] Aon Hewitt: 2016 Universe Benchmarks: Employee Savings and Investing Behavior in Defined Contribution Plans [Note: The Research Highlights can be downloaded at the website.]

[9/23/16] Center for Retirement Research at Boston College Brief: “How Much Does Housing Affect Retirement Security? An NRRI Update” [Note: The full brief can be downloaded at the website.]

[9/23/16] NBC News: “Here’s How Much the Average Single Person Saved for Retirement

[9/23/16] CNBC: “You may have a 401(k) plan, but you probably don’t ‘get it’

[9/23/16] GOBankingRates.com: “6 Ways to Make Your Retirement Savings Last -- Use these tactics to make your retirement nest egg last a lifetime.

[9/23/16] Retirement Income Journal: “Advisors to retirees shouldn’t neglect the ‘household balance sheet’” [Note: A subscription may be required to view the full article.]

[9/23/16] Thomson Reuters’ EBIA Weekly Newsletter: “Do ALEs Have to Report Under Code § 6056 If They Qualify for Transition Relief From W-2 Reporting?

[9/23/16] Bloomberg BNA: “Employer Groups Don’t See Eye to Eye on EEOC Wellness Plan Ruling” [EEOC v. Orion Energy Systems, Inc.]

[9/23/16] Kaiser Health News: “Remember the ‘Public Option’? Insurance Commissioner Wants To Try It In California

[9/23/16] Willis Towers Watson Insider: “More California cities, Chicago, Minneapolis and St. Paul enact paid sick leave laws

[9/22/16] PlanSponsor: “Student Loan Debt Has Minimal Impact on Retirement Savings -- Even though Americans are looking at record high student loan debt, graduates may be compensating through means other than cutting retirement saving, according to new research.

[9/22/16] NAPA Net: “MEPs Resurface as ‘PEPs’ as Senate Finance Approves New Retirement Bill

[9/22/16] U.S. Congress, Joint Committee on Taxation: Description of the Chairman’s Modification of the “Retirement Enhancement and Savings Act of 2016”

[9/22/16] Brookings: You Get What You Pay For: Guaranteed Returns in Retirement Saving Accounts [Note: The full report can be downloaded at the website.]

[9/22/16] U.S. News & World Report: “Here Are the Best Savings Strategies for Your Personality Type -- Whether you’re a gambler, a goal-setter or a nervous Nellie, here’s how to trick yourself to maximize savings.

[9/22/16] Health Affairs [Blog]: “Reducing Low-Value Care

[9/22/16] HealthLeaders Media: “Low Healthcare Literacy Means High Costs for Health Plans

[9/22/16] TIME: “Dads Are Taking Longer (Paid) Paternity Leaves -- Companies no longer treat men and women differently when it comes to paid parental leave.

[9/21/16] Northern Trust: The Path Forward: Defined Contribution Plans Can Achieve More -- Actions to Drive Improved Retirement Outcomes

[9/21/16] PlanSponsor: “Americans Embrace Employer Help to Improve Retirement Savings

[9/21/16] PlanAdviser: “Many Have Unrealistic Expectations for Retirement Savings -- Most Americans are unfamiliar with annuities which could ensure they do not outlive their savings, a study finds

[9/21/16] Vanguard Research: “From assets to income: a goals-based approach to retirement spending

[9/21/16] U.S. News & World Report: “What to Do If Your 401(k) Plan Has High Fees -- Take advantage of tax breaks and employer contributions while also minimizing fees.

[9/21/16] U.S. Department of Labor: “US Labor Department Announces Two-Month Extension for Public Comments on Form 5500 Modernization Proposals” [Excerpt: “A range of stakeholder groups asked for an extension of time to submit comments given the scope and significance of the proposed forms revisions and regulatory amendments. The department, IRS and PBGC decided to extend the public comment period on the proposed forms revisions and regulatory amendments from the original Oct. 4, 2016, deadline to the new Dec. 5, 2016, deadline.”]

[9/21/16] Willis Towers Watson Wire: “5 guidelines for open enrollment communications

[9/21/16] Kaiser Health News: “Hitch Keeps Many High-Deductible Plans From Covering Chronic Care Up Front

[9/21/16] Becker’s Hospital Review: “Income a factor in use of health services under HSA health plan: 5 findings

[9/21/16] National Center for Policy Analysis: “Capping Copays Will Raise Premiums and Drug Prices

[9/20/16] Urban Institute: “Are Nongroup Marketplace Premiums Really High? Not in Comparison with Employer Insurance

[9/20/16] PlanSponsor: “Employees Confused and Stressed About Selecting Health Benefits

[9/20/16] TIME: “High Deductibles Are Forcing Employees to Pay More Money Out of Pocket

[9/20/16] Bloomberg BNA: “Employers Seek a Healthy and Happy Workforce

[9/20/16] Managed Care: “Maybe the ACA Is Here To Stay, But Employers Wish That Cadillac Tax Would Go Away

[9/20/16] The New York Times: “Health Savings Accounts Require Close Attention

[9/20/16] Robert Wood Johnson Foundation In-Brief: “Changes in Coverage by State and in Selected Metropolitan Areas

[9/20/16] NAPA Net: “Retirement Bills Set for Senate Finance Committee Markup

[9/20/16] MSN: “Watch out, more workers want company stock

[9/20/16] Pension Benefit Guaranty Corporation: Missing Participants; Proposed rule [as published in the Federal Register on Sept. 20, 2016 - SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) administers a program to hold retirement benefits for missing participants and beneficiaries in terminated retirement plans and to help those participants and beneficiaries find and receive the benefits being held for them. The program is currently limited to single-employer defined benefit pension plans covered by the pension insurance system under title IV of the Employee Retirement Income Security Act of 1974 (ERISA). PBGC proposes to make changes to its existing program and, as authorized by the Pension Protection Act of 2006, to establish similar programs for multiemployer plans covered by title IV, certain defined benefit plans that are not covered by title IV, and most defined contribution plans. PBGC seeks public comment on its proposal. DATES: Comments must be submitted on or before November 21, 2016.]

[9/16/16] PlanSponsor: “Reining In Health Benefit Costs -- Strategies to control the expense continue to emerge

[9/16/16] Lockton Companies: “A Bold Move: Lockton Client Switches to Reference-Based Pricing With Incredible Success

[9/16/16] Gallup: “Americans’ Satisfaction With Healthcare System Edges Down

[9/16/16] STAT News: “Bipartisan bill in Congress would require drug makers to justify, limit price hikes

[9/16/16] ABD Insurance & Financial Services: “Go All the Way With HSA: Everything HDHP/HSA You Need to Know

[9/16/16] Kaiser Family Foundation: Medicare Part D in 2016 and Trends over Time

[9/16/16] NAPA Net: “Bipartisan Bill Boosts Small Biz Retirement Plans

[9/16/16] U.S. News & World Report: “How to Save for Retirement While Paying for a Child’s College -- If you have to choose, saving for retirement is more important, experts say.

[9/15/16] NAPA Net: “ACA Fuels Healthy Interest in Retirement Plans for Small Biz

[9/15/16] U.S. House Committee on Education and the Workforce: “Modernizing Multiemployer Pensions: Answers to Some Basic Questions

[9/15/16] National Institute on Retirement Security: Pensionomics 2016: Measuring the Economic Impact of DB Pension Expenditures

[9/15/16] TIME: “How to Prevent Forced Retirement From Ruining Your Golden Years

[9/15/16] Kaiser Family Foundation: 2016 Employer Health Benefits Survey [Overview]

[9/15/16] Xerox Corporation FYI® In-Depth: “Flex Contributions and Opt-Out Payments Under ACA

[9/14/16] Gallup: “U.S. Workers Still Worry Most About Benefits Cuts

[9/14/16] Mercer: “With Cost Growth Stable at 4% Employers Shift Focus Away from Health Plan Cost-Cutting in 2017 - Mercer Survey

[9/14/16] CNBC: “Employees could finally get a break on their health costs

[9/14/16] Kaiser Health News: “Census Report Finds Number of Uninsured Drops to 29 Million Americans

[9/14/16] National Conference of State Legislatures: “State Insurance Mandates and the ACA Essential Benefits Provisions

[9/14/16] The Commonwealth Fund: How the ACA’s Health Insurance Expansions Have Affected Out-of-Pocket Cost-Sharing and Spending on Premiums

[9/14/16] Wilshire Associates: “Wilshire Consulting Report Shows Drop in Funding Levels of City and County Retirement Systems in FY 2015

[9/14/16] Bloomberg BNA: “Student Loan Debt Doesn’t Have to Stop Retirement Savings

[9/14/16] NAPA Net: “What Drives Partial Users of TDFs?

[9/14/16] TIAA: TIAA 2016 Lifetime Income Survey: Executive Summary

[9/14/16] Bloomberg BNA: “Northrop Grumman Drained Retirement Savings, Workers Allege” [Marshall v. Northrop Grumman Corp.]

[9/14/16] The Prudent Investment Adviser Rules: “A Fiduciary Blueprint: The Restatement of Trusts, the Prudent Investor Rule and the DOL’s New Fiduciary Rule

[9/13/16] Willis Towers Watson: “Willis Towers Watson offers 10 questions for employees choosing health plans for 2017 -- Recommendations for open enrollment season are based on expected cost increases and plan changes

[9/13/16] Health Care Cost Institute: “Study Finds Consumer-Driven Health Plan Enrollees Spend 1.5 Times More Out of Pocket Than Those with Traditional Coverage

[9/13/16] National Center for Policy Analysis Health Policy Blog: “Do Transparency Tools Work in Health Care?

[9/13/16] U.S. Census Bureau: Income, Poverty and Health Insurance Coverage in the United States: 2015

[9/13/16] Bloomberg BNA: “Colorado to Vote on Single-Payer Health System

[9/13/16] International Foundation of Employee Benefit Plans: “Disability Benefits: An Overlooked Piece of the Employee Benefits Package

[9/13/16] National Association of Government Defined Contribution Administrators: “Perspectives in Practice -- A Benchmarking Initiative for Public Sector Defined Contribution Plans

[9/13/16] Strategic Benefit Services: “Understanding Custom vs. Proprietary Target Date Funds

[9/13/16] PlanAdviser: “The ICI Offers 10 Insights on 401(k) Plans -- Households from all income groups hold DC plan accounts and appreciate the tax treatment and investment features of their plans, according to a new report by the ICI.

[9/13/16] The Pew Charitable Trusts: “Business Owners’ Perspectives on Workplace Retirement Plans and State Proposals to Boost Savings -- Focus groups with small and midsize employers show common concerns and differences on policy initiatives

[9/12/16] National Center for Policy Analysis Health Policy Blog: “Recent Rise In Health Coverage Due To Return of Jobs With Benefits

[9/12/16] Xerox Corporation FYI®: “OK to Include More ACA Marketplace Information with COBRA Election Notices

[9/12/16] EHS Today: “Easy-To-Adopt Strategies for Delivering Wellness Programs

[9/12/16] TIME: “4 Things You Should Know About Health Savings Accounts

[9/12/16] U.S. House Committee on Education and the Workforce: “Kline Releases Discussion Draft to Modernize Multiemployer Pensions -- Proposal would provide a new retirement option that protects workers, employers, retirees, and taxpayers

[9/12/16] Milliman 100 Pension Funding Index: “Milliman Analysis: August resembles July as record-low interest rates continue to drive the pension funded status deficit

[9/12/16] American Enterprise Institute: What’s Happening with Retirement Saving and Retirement Incomes? Better Data Tell a Better Story

[9/12/16] PlanSponsor: “Only 28% of Small Businesses Offer a 401(k) -- Companies that do not offer one say they do not see the value in it, fees are too expensive, and they do not know how to manage a 401(k).

[9/12/16] Journal of Accountancy: “Defined benefit plan participants can receive lump sum and annuity under new rules

[9/12/16] Fox Business: “This is the Newest Benefit Employers Are Offering

[9/9/16] U.S. Bureau of Labor Statistics: “Employer Costs for Employee Compensation - June 2016

[9/9/16] Investment Company Institute: Ten Important Facts About 401(k) Plans

[9/9/16] PlanAdviser: “Consistent 401(k) Savers More Likely to Reach Savings Goal

[9/9/16] 401(k) Specialist: “Does 401k ‘Auto Portability’ Really Work? Average American will change jobs at least 7.4 times

[9/9/16] U.S. Senate Special Committee on Aging: Hearing titled “Securing America’s Retirement Future: Examining the Bipartisan Policy Center’s Recommendations to Boost Savings” [Hearing held Sept. 7, 2016, includes link to witnesses' testimony]

[9/9/16] U.S. Senate Committee on Finance: “Wyden Proposal Would Crack Down on Tax Avoidance in Retirement Plans, Create New Opportunities for Working Americans to Save -- Legislative Discussion Draft Proposes New Matching Contribution for Employees Repaying Student Loans, Fights Use of ‘Mega Roth IRAs’ to Avoid Taxes

[9/9/16] Investment Company Institute: Ten Important Facts About IRAs

[9/9/16] Internal Revenue Service: Modifications to Minimum Present Value Requirements for Partial Annuity Distribution Options Under Defined Benefit Pension Plans; Final regulations [as published in the Federal Register on Sept. 9, 2016 - Effective date: These regulations are effective on September 9, 2016; Applicability date: These regulations apply to distributions with annuity starting dates in plan years beginning on or after January 1, 2017. In addition, a taxpayer can elect to apply these regulations with respect to any earlier period.]

[9/8/16] Human Resource Executive Online: “Bulking Up Benefits -- Nvidia Corp. has introduced a host of new offerings designed to help its people save time, money and stress spent on worries away from work and on the job.

[9/8/16] PlanSponsor: “Helping Employees Choose the Best Health Care Benefit -- As open enrollment season approaches, companies can take key steps to help employees choose the best health care plans while reducing expenses and boosting productivity in light of rising health care costs.

[9/8/16] CNBC: “High-deductible insurance deters doctor visits

[9/8/16] Hilltop Times: “Commentary: DOD introduces blended retirement system

[9/8/16] TIME: “How California Is Pioneering a New Retirement Savings Plan

[9/8/16] Illinois Policy: “California Court Rules That Pensions Can Be Reformed Going Forward -- Unlike the Illinois Supreme Court’s protection of the status quo, a California appeals court is allowing a pension reform law to move forward and potentially reduce that state’s pension burden.

[9/8/16] NAPA Net: “Is Peer Pressure Pushing Participants into Company Stock?

[9/8/16] PlanSponsor: “Gen X Most Concerned About Retirement Prospects -- Less than four in ten Gen X DC plan participants surveyed believe they will have enough for a comfortable retirement.

[9/8/16] CBS MoneyWatch: “Boomer retirement plans: Good, bad and ugly

[9/8/16] USA Today: “7 401(k) Rules You Should Know by Heart -- Unless you’re financially independent, you need to take control of your financial future -- in part by making the most of your 401(k) account.

[9/7/16] Human Resource Executive Online: “A Presidential Puzzle -- A lot is at stake for HR on Nov. 8 -- but many of the pieces are missing in this year’s unusual race for the White House. Here’s what we know.

[9/7/16] ABC News: “Poll: More Voters Trust Clinton on Health Care

[9/7/16] Greenwich Time: “How To Control Increasing Employee-Benefits Costs -- Healthcare costs are rising, and that means one thing for employers: more expensive employee benefits.

[9/7/16] Northeast Business Group on Health: Tipping the Scales on Weight Control: New Strategies for Employers

[9/7/16] Bloomberg BNA: “Coal Miners Advance Lawsuit for Retiree Health Coverage” [Mine Workers v. Mystic, LLC]

[9/7/16] Xerox Corporation’s FYI® Alert: “IRS Publishes 2017 Mortality Tables -- No Change for 2014 SOA Study

[9/7/16] Financial Finesse: ROI Special Report, 2016

[9/7/16] Center for Retirement Research at Boston College Brief: “Can We Increase Retirement Saving?

[9/7/16] The Frugal Fiduciary Blog: “Is Human 401k Advice More Expensive Than Robo Advice? You Might Be Surprised

[9/7/16] Bloomberg BNA: “IRS Provides for Late Rollover Relief, But Is It Good Enough?

[9/6/16] Willis Towers Watson: “The World’s 300 Largest Pension Funds--Year Ended 2015

[9/6/16] State Street: Pensions With Purpose: Focusing on Improved Governance

[9/6/16] NerdWallet: “Study: Money Secrets and Sluggish Savings Put Couples’ Retirement Dreams at Risk

[9/6/16] The National Law Review: “What Happens to Multiemployer Pension Plan Reform Now? The Treasury Department’s Rejection of Central States Fund’s Application and the Future of Multiemployer Pension Plan Reform

[9/6/16] USA Today: “Don’t jump into retirement, ‘phase’ into it with part-time strategy

[9/6/16] U.S. News & World Report: “How a Health Savings Account Can Help You Save for Retirement

[9/6/16] McKinsey & Company: “2017 Exchange Market: Emerging Plan Type Trends -- Findings across 18 states and DC

[9/6/16] Marsh Consulting Group: “October 15th Deadline for Medicare Part D Creditable Coverage Notices

[9/2/16] The Pew Charitable Trusts: “Employer-Sponsored Benefits: Can Policy Keep Up With the Shifting Landscape? Experts discuss changes in the employer-employee relationship, labor market

[9/2/16] IA Magazine: “DOL Exempts State Retirement Plans from ERISA

[9/2/16] PlanAdviser: “Texas Judge Rejects Most Support Briefs in DOL Fiduciary Litigation -- Just two out of an increasingly large pile of amicus briefs filed in relation to litigation seeking to halt the new DOL fiduciary rule will be considered--both of them ostensibly pro-DOL in their argumentation.

[9/2/16] Kaiser Health News: “’Simple Choice Plans’ To Debut In 2017 Marketplace Enrollment

[9/1/16] Robert Wood Johnson Foundation Issue Brief: “Price Transparency Tool Attracts Users But Does Not Lead to Use of Lower-Priced Services

[9/1/16] International Foundation of Employee Benefit Plans: “Call Me Maybe? Telemedicine ROI

[9/1/16] Health Affairs [Blog]: “The Proposed 2018 Notice of Benefit and Payment Parameters: Part 2

[9/1/16] NAPA Net: “What Did August Bring for Average 401(k) Balances?

[9/1/16] 401(k) Specialist: “How the Candidates View the 401k Fiduciary Rule -- Both parties recognize the rule may be too complicated

[9/1/16] PlanSponsor: “Higher Education Institutions Generous With Retirement Contributions -- A study conducted by Sibson Consulting reports the most recent retirement plan trends in public and private higher education institutions.

[9/1/16] Bloomberg BNA: “Employer-Provided Financial Wellness Needs More Than Nudges

[9/1/16] NAPA Net: “4 Steps to Evaluating a Financial Wellness Partner

[9/1/16] PlanAdviser: “ERISA Lawsuit Calls Out TDF Fees and Revenue-Sharing -- A participant in Safeway Inc.’s 401(k) plan is suing the plan sponsor, its benefits committee and its recordkeeper for breaching their fiduciary duties and/or engaging in ERISA prohibited transactions.

[9/1/16] PlanSponsor: “Chevron Wins Dismissal of ERISA Challenge -- The text of a decision by a U.S. district court judge to dismiss ERISA claims against Chevron Corporation offers some important insights into the difference between the duties of ‘prudence’ and ‘loyalty’.

[9/1/16] Fox Business: “Don’t Be a Desperate Housewife in Retirement

What's new at EBRI this month:

EBRI 2016 Spring Policy Forum: "Employee Engagement in Health and Retirement Challenges and Reforms" [“gavel-to-gavel” webcast - Prerecorded broadcast available through the International Foundation of Employee Benefit Plans]

EBRI's Recent Media Coverage

Change in Average Account Balances (by Age and Tenure)


Sept. 8, 2016 EBRI Issue Brief - "What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Plan Account Balances, 2010-2014"

August 2016 EBRI Issue Brief - "The Impact of an HSA-Eligible Health Plan on Health Care Services Use and Spending by Worker Income"

August 2016 EBRI Issue Brief - "2014 Update of the EBRI IRA Database: IRA Balances, Contributions, Rollovers, Withdrawals, and Asset Allocation"

August 2016 EBRI Notes - "Reducing Retirement Savings Leakage"

August 2016 EBRI Notes - "Innovations in Employee Engagement in Health"


What's new in employee benefits:

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

Social Security: Improvements to Claims Process Could Help People Make Better Informed Decisions about Retirement Benefits.
GAO-16-786, Sept. 14, 2016. Highlights.

401(k) Plans: DOL Could Take Steps to Improve Retirement Income Options for Plan Participants.
GAO-16-433, August 9; publicly released September 8, 2016. Highlights.

Retirement Security: Low Defined Contribution Savings May Pose Challenges.
GAO-16-408, May 5. Highlights.

Retirement Security: Shorter Life Expectancy Reduces Projected Lifetime Benefits for Lower Earners.
GAO-16-354, March 25. Highlights.

Retirement Security: Better Information on Income Replacement Rates Needed to Help Workers Plan for Retirement.
GAO-16-242, March 1. Highlights.

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.  

If your computer does not already have the free Adobe Acrobat viewer software to read PDF files, click here for the one-time download necessary to read PDF publications.



Updated 9/30/16