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employee benefits research institute
9.257 documents for employee benefits research institute
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THE average baby boomer will have fewer retirement resources than people who retired only 12 years ago, according to the Employee Benefits Research Institute. This disparity may result from the continuing decline in traditional pension plans, shifts in saving and spending patterns, and the dual burden of helping children through college while caring for aging parents. Up to 70 percent of baby boomers say they plan to work after normal retirement age. They have good reasons: more time to save for retirement, retained access to group health insurance, and desire to remain productive and engaged while still healthy. Besides, many note they have to wait until age 66 to 67 to qualify for "full" Social Security benefits anyway. If you're among the baby boomers who are counting on continued em...
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With companies facing seemingly relentless cost pressure, the once ironclad promise of retirement health security continues to erode. The question is not whether the benefit shrinkage will continue, but to what extent, industry observers say. Even some unions are making concessions. This month, members of the United Auto Workers ratified a deal with General Motors that company officials said would reduce retiree health care liabilities by roughly $15 billion, although the automaker didn't release any specifics about benefit changes. And if retiree health coverage does survive, what form will it eventually take? Competitive pressures, litigation efforts and the new Medicare prescription drug benefit all may play a role. From 1997 to 2002, the percentage of retirees younger than age 65 w...
... retirees younger than age 65 with health benefits declined from 39 percent to 29 percent, according to the nonprofit Employee Benefit Research Institute. Among Medicare-eligibl...
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Group health insurance is usually considered to be the cornerstone of employee benefits programs, but if your agency's employee benefits division has been ignoring individual health insurance sales -- or has been considering solo policies only as an accommodation for ineligible dependents -- think again in 2008. PricewaterhouseCoopers Health Research Institute, operated by one of the nation's largest employee benefits consulting companies, made these predictions as part of its Annual Review of Top Health Industry Issues. Employers and insurers will likely be caught up in the drive for accountability as they respond to state and national health insurance reform movements, the Institute notes. Among the most important changes for agents and brokers could be a dramatic expansion of the ind...
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KANSAS CITY - The end of employment-based health insurance isn't in sight yet, but a study released last week raised the possibility of a "tipping point" that will cause employers to consider alternatives. If one larger employer actually did drop its health benefits, others might follow for competitive reasons," the Employee Benefit Research Institute said.
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This article outlines findings from the judgment and decision making (JDM) and behavioral-economics literatures that highlight the many behavioral impediments to saving that individuals may encounter on their way to financial security. It discusses how behavioral and psychological issues, such as self-control, emotions, and choice architecture can help policymakers understand which factors, aside from purely economic ones, may affect individuals' savings behavior.
... Selected Abbreviations EBRI Employee Benefits Research Institute IRA individual...
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There are 78 million reasons driving the need for a tremendous increase in the number of professionals prepared to competently help retiring American workers manage their retirement income. The literature, trends, potential societal impact, and complex decisions required of retiring workers are compelling. Retirement income management advice, guidance, and education for clients with assets in employer-sponsored plans are the explosive career growth opportunity of the next decade. Advisors traditionally have not considered the midmarket a primary target, providing students a unique opportunity to enter careers servicing employer-sponsored retirement plans to help meet this need.
...-sponsored plans (Investment Company Institute, 2007). Companies employ individuals to help with ... will likely become overwhelmed (Pension Research Council, 2003), and often choose to simply not par... recent Retirement Confidence Survey (Employee Benefits Research Institute, 2008) conveyed startl...
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...Clark also stressed that the benefits of good health accrue not only to individuals but ... meant that a company that paid for its employees' hospital and medical insurance could pass along t... (The Kaiser Family Foundation and Health Research and Education Trust (KFF-HRET) 2007, 34). For a va... low income; however, some states have instituted premiums in programs such as SCHIP that serve some...
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The gold watch often symbolizes the retirement that employees enjoyed in the past. The symbol now carries a disconcerting implication: today's employees can no longer expect the same security that characterized their predecessors' golden years. The employees typically allocate money among mutual funds and other investment options selected by the organization. Highly popular 401(k) plans are frequently lumped in with defined contribution plans. In 1974, the Employee Retirement Income Security Act was signed into law. The sweeping legislation was designed, imperfectly it is now evident, to provide insurance for defined benefit pension plans in the private sector. Companies with defined benefit plans were required to pay insurance premiums to the PBGC of $1 per employee per year. If future...
...benefits consulting for Watson Wyatt Worldwide and the co-a... a joint study by the Employee Benefits Research Institute (EBRI) and the Investment Company Instit...
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..."Research shows that many of those who take the time to plan...1 2011 Employee Benefits Research Institute Retirement Confidence ...
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WASHINGTON, Oct. 17 /U.S. Newswire/ -- Just under 60 percent of all individuals living in the United States were covered by employment-based health benefits during 2004, down from almost 64 percent in 2000, a study published today by the nonpartisan Employee Benefit Research Institute shows. The study adds that the erosion of employment-based health benefits is expected to continue at least until the unemployment rate drops below 5 percent and as long as the cost of providing health benefits continues to increase.
