Compliance

PBGC Releases Special Financial Assistance Final Rule

Kathy Bergstrom, CEBS
 

Changes to the Special Financial Assistance (SFA) Program announced Wednesday by the Pension Benefit Guaranty Corporation (PBGC) will improve the ability of underfunded multiemployer defined benefit (DB) pension plans to pay benefits to their participants, PBGC and Department of Labor officials say. […]

Meeting the Benefit Needs of Your LGBTQ+ Plan Members

Cara McMullin
 

June is LGBTQ+ Pride Month in Canada and the U.S., a celebration of lesbian, gay, bisexual, transgender and queer people and their history, culture and contributions. To honor this month, we are revisiting a helpful article about how plan sponsors can be […]

Everything Plan Sponsors Need to Know About SECURE Act 2.0

Amanda Wilke
 

On March 29, 2022, the House of Representatives passed the Securing a Strong Retirement Act of 2022 (HR 2954), otherwise known as SECURE Act 2.0, by a vote of 414-5. Secure Act 2.0 builds on the 2019 Setting Every Community Up for […]

8 Ways to Support Employees With Mental Health Challenges

Cara McMullin
 

As Mental Health Awareness Month (in the U.S.) continues, we’re sharing strategies and approaches to help leaders respond to employees with mental illness in a psychologically safe way. When employees have mental illnesses, effective accommodation can help them stay productive at work. Leaders […]

Communicating DEI: Five Critical Questions

Tim Hennessy
 

Many companies have made progressive changes to their approach in recruiting, hiring and management to make the workplace an environment where everyone can succeed. While diversity, equity and inclusion (DEI) have long been valued by employees looking for a sense of belonging […]

Student Loan Repayment Options: The Key to Attracting and Retaining Employees

Bella Tomaw
 

Student loan debt rises in the U.S. each year, and the total reached $1.73 trillion most recently. With young adults joining the workforce having borrowed an average of $30,000 to obtain a bachelor’s degree, student loan repayment programs are becoming an intriguing […]