CMS has revised its model creditable coverage notices that group health plans offering prescription drug benefits must give Medicare-eligible employees and retirees. Updates to this GRIST provide links to the latest CMS models.
(GRIST,
1 Aug 2008, 13 pages)
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New tax rules for US expatriates, effective June 17, 2008, may require administrators of pension, 401(k) and other retirement plans to change tax reporting and withholding systems.
(GRIST,
1 Aug 2008, 3 pages)
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Just-released final regulations on pension funding mortality assumptions under PPA make only minor clarifying changes to last year's proposed regulations. The standard mortality tables are effective for 2008.
(GRIST,
31 Jul 2008, 5 pages)
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Fiduciaries of 401(k)-type plans would have to give participants notices about investment fees, administrative expenses and individual charges under proposed DOL rules. Once the rules are finalized, compliance may be required as soon as Jan. 1, 2009.
(GRIST,
31 Jul 2008, 13 pages)
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US retirement plan sponsors have a two-year window to transfer Puerto Rico employees to a separate Puerto Rico plan without adverse tax consequences. Doing so may eliminate double taxation of plan distributions and reduce administrative burdens.
(GRIST,
30 Jul 2008, 7 pages)
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(US Premium)
Proposed IRS regulations on employee stock purchase plans would expand several areas of guidance, update existing rules for statutory changes and remove obsolete provisions. Taxpayers may rely on the proposal once published in the Federal Register.
(GRIST,
28 Jul 2008, 1 page)
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Determining the period for recognizing an award's compensation expense under FAS 123(R) can be challenging, especially for those that vest in installments. This article explains key concepts, timing and patterns under the standard.
(GRIST,
28 Jul 2008, 13 pages)
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(US Premium)
Updated and consolidated Compliance & Disclosure Interpretations from the SEC provide new guidance on executive and director compensation disclosure.
(GRIST,
25 Jul 2008, 17 pages)
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As Congress moves through its 2008 health care agenda, various measures that could directly affect employers remain in play. Updates to this GRIST and its charts summarize these health care proposals and their status as of July 25.
(GRIST,
25 Jul 2008, 17 pages)
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Applications for the 2009 Medicare retiree drug subsidy (RDS) are due by Oct. 2 for calendar-year plans, so employers should start the process now. The RDS requires annual applications, even from sponsors that previously received the subsidy.
(GRIST,
23 Jul 2008, 1 page)
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GRIST is a family of products published by WRG lawyers and technical experts covering major legislative, regulatory, and judicial issues and developments affecting employee benefits, compensation, and human resource (HR) programs. GRIST provides notification and analysis in three forms depending on the complexity and urgency of the material. GRIST Alerts are short summaries published quickly as an event occurs or an issue emerges; GRIST Reports are overviews of an issue or event; and GRIST InDepths provide detailed analysis. GRIST is available on Mercer Select. Select members can receive GRIST via e-mail according to areas of interest.
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