Careers Employee Benefits

  • (L-R) Rep. Michael Burgess (R-TX), United States Treasury Secretary John Snow and Rep. Tom Price (R-GA) hold a news conference to introduce the Tax-Free Health Savings Act on Capitol Hill May 3, 2006 in Washington, DC. The act is supposed to make Health Savings Accounts a more affordable and attractive health coverage option.

    Health savings accounts let you save for health-care expenses and retirement if you use them effectively. Are you spending or saving?

  • Retirement savings

    Your employer may be raising your default savings rate in your retirement plan at work. What does this mean for you?

  • Aug 15- United Airlines Inc was accused in a U.S. government lawsuit on Monday of wrongly denying employment benefits to a pilot who was called to active duty by the U.S. Air Force, where he was a reservist. According to a complaint filed with the federal court in Chicago, United failed to credit Lieutenant Colonel Daniel Fandrei with sick leave while he was deployed...

  • Three key decisions about retirement benefits can help couples make their money last— or dramatically increase the chances the survivor will end up old and broke. Widowed women are twice as likely as their male counterparts to live in poverty during retirement, according to a March study by the National Institute on Retirement Security.

  • SAO PAULO, Aug 12- Brazil's largest labor unions plan to stage nationwide protests next week against government plans to cut pensions and worker benefits, signaling growing tensions over deficit-cutting efforts. With the eyes of the world on the Olympic Games in Rio de Janeiro, the Central Workers Union, Brazil's leading labor confederation, and another four...

  • Medicine and cost

    You'll be paying even more for health insurance at work in 2017. Get the lowdown on a plan that can help you save.

  • CHICAGO, Aug 11- Next week marks the 10th anniversary of a landmark federal law with a hopeful name- the Pension Protection Act of 2006. Sponsors of traditional pension plans have been dropping them like hot potatoes- many do not want to carry pension obligations on their books, and some complain about the rising cost of insuring plans through the Pension Benefit...

  • Eurostar workers to go on strike

    Rail workers in Europe claim the company has failed to ensure a good work-life balance for managers.

  • TORONTO, Aug 9- Ontario Steel Investment Ltd, a group that includes shareholders of Essar Global, said on Tuesday it has submitted an offer to purchase U.S. Steel Canada's pension plan and a commitment to provide C $25 million toward post-employment benefits for U.S. Steel Canada, which employs nearly 2,000 workers in Ontario and has the capability to produce 2.6...

  • TORONTO, Aug 9- Ontario Steel Investment Ltd, a group that includes shareholders of Essar Global, said on Tuesday that it had submitted an offer for the purchase of U.S. Steel Canada's pension plan and a commitment to provide C $25 million toward post-employment benefits for U.S. Steel Canada's operations in Hamilton and Nanticoke, Ontario.

  • TORONTO, Aug 9- Ontario Steel Investment Ltd, a group that includes shareholders of Essar Global, said on Tuesday that it had submitted an offer for the purchase of U.S. Steel Canada's pension plan and a commitment to provide C $25 million toward post-employment benefits for U.S. Steel Canada's past and present staff.

  • SAN FRANCISCO/ NEW YORK, Aug 4- For the second straight year, U.S. public pension funds have fallen well short of their investment targets, swelling their vast unfunded liabilities and placing a greater burden on municipalities to offset the underperformance through increased contributions, estimates show. The funds, which guarantee retirement benefits for...

  • NEW YORK, July 25- A Long Island banana importer serving prison terms for engaging in a cocaine distribution scheme and beating his girlfriend was sentenced on Monday to another 5-1/ 2 years in custody for stealing from his employees' retirement plan. District Judge Paul Engelmayer in Manhattan following his conviction in March on charges including pension...

  • NEW YORK, July 19- U.S. antitrust officials will file lawsuits to stop the two large health insurance deals they have been scrutinizing for a year, Anthem Inc's acquisition of Cigna Corp and Aetna Inc's takeover of Humana Inc, a person familiar with the matter told Reuters. Anthem officials said in May that the Justice Department was particularly concerned about...

  • New survey calms one major fear of Obamacare

    The number of Americans with health insurance through their jobs held steady, according to the Health Reform Monitoring Survey.

  • BankUnited CEO on wages

    Discussing JPMorgan's wage hike and the current state of wages for financial institutions with John Kanas, BankUnited Chairman & CEO.

  • Why Jamie Dimon is giving JPMorgan workers a raise

    JPMorgan Chase CEO Jamie Dimon says the bank will increase pay for 18-thousand lower-tier employees.

  • Jamie Dimon, chief executive officer of JPMorgan Chase

    JPMorgan CEO Jamie Dimon is giving 18,000 of its employees a pay raise.

  • BRASILIA, July 7- The Brazilian government will revise the eligibility of public employees receiving long-term benefits for the disabled in an attempt to trim next year's fiscal deficit, the president's chief of staff Eliseu Padilha said on Thursday. The government is due to announce its 2017 primary budget deficit target later on Thursday.

  • NEW YORK, July 1- Casino workers striking on Friday outside the Trump Taj Mahal in Atlantic City, New Jersey, will continue on a 24- hour basis throughout the holiday weekend, a spokesperson for the workers' union said. Unite-Here Local 54 union spokesperson Ben Begleiter said workers are striking outside most of the casino entrances, while chanting, pounding...