The Disappearing Benefit
Tags: EMPLOYEE fringe benefits; HEALTH insurance; SEARS Holdings Corp.; RETIREES; RETIREMENT
Related Articles
- Sears suspends match for 401(k) contributions. Geisel, Jerry // Business Insurance;1/12/2009, Vol. 43 Issue 2, p26
The article reports that Sears Holdings Corp. is suspending its 401(k) plan match as the retailer continues to cut back on its retirement plan benefits. Sears interim chief executive officer (CEO) Bruce Johnson said, in a memo to employees, that the declining economy has forced the company to...
- Help Retirees Manage Health Coverage. Zielinski, Dave // HR Magazine;May2013, Vol. 58 Issue 5, p69
The article presents advice for human resource (HR) professionals and employers on how to help retired employees manage their benefits. Topics include how personnel manager Julia Nicholson of the United Food and Commercial Workers International Union & Employers Trust helped retired employees...
- RETIREMENT: a five-year countdown. MAHER, CHUCK // Catholic Digest;Jan2009, Vol. 73 Issue 3, p52
The article offers a guide for planning retirement. It indicates the rule of thumb for spending once a person has retired and the risk to an investment portfolio in retirement. It also recommends a step to take in order to offset the risk of liquidating assets when the market is down. The...
- Security Gap. Panko, Ron // Best's Review;Oct2005, Vol. 106 Issue 6, p86
Reports on the reduction and elimination of retiree health benefits in various companies in the U.S. Impact on the employees' retirement; Amount needed for health premiums; Effects of inflations on the company's decision. INSET: Holistic Retirement Plans.
- A health plan for retirees in a time of uncertainty. Sydlaske, Michael D. // Financial Executive;Nov/Dec90, Vol. 6 Issue 6, p27
The article discusses medical pension plans (MPPs). MPPs provide employers with a means of offering health care benefits to retirees in a flexible, cost-efficient manner. Under an MPP benefits are a function of an employee's tenure with the company, as well as age and marital status. An MPP...
- Making retiree health care affordable. Geisel, Jerry // Business Insurance;1/23/2006, Vol. 40 Issue 4, p9
This article presents information on the retiree health care plan for U.S. academicians, known as Emeriti Retirement Health Solutions. Under the insurance program, participating schools make contributions to tax-exempt trusts, known as voluntary employees' beneficiary associations. When...
- Declining retiree health plans troubling. Geisel, Jerry // Business Insurance;6/10/2002, Vol. 36 Issue 23, p27
Discusses the economic impact of the declining employer-sponsored retiree medical plans in the U.S. Effects of technological changes on the delivery of the benefits; Change in the view of employees about job tenure; Pension plans commonly implemented by employers.
- CUT LOOSE. Cusac, Anne-Marie // Progressive;Apr2001, Vol. 65 Issue 4, p21
Reveals how some companies in the United States reneged on their promises of free health insurance benefits for retirees. Decline in retiree insurance coverage; Why companies take back retiree health benefits; Actions taken by Democratic legislators on the issue.
- Mora pensioners choose to go against convention. McKee, Hugh // Money Marketing;7/21/2005, p50
Reports that pensioners are looking for ways to create an inflation-proofed income in their retirement years. Impact of the longer lifespans on annuity rates; Changes in the value of annuities for customers; Benefits of the conventional annuities for the clients.
