Employee Benefits
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Extended unemployment benefits do not keep people from finding a job, a report showed. But whether extensions help or hurt the jobs picture is far from settled.
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Extended unemployment benefits do not keep people from finding a job, a report showed. But whether extensions help or hurt the jobs picture is far from settled.
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COLUMBIA, S.C.-- South Carolina's law enforcement officers and firefighters will again be required to put a higher percentage of their salaries toward their retirement benefits than other public workers.
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CHICAGO, May 6- A union-backed plan to reform the worst-funded state pension system in the United States will be introduced in the Illinois Senate this week, competing with a plan passed by the House last week.
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Discussing whether Wall Street or Silicon Valley offers better benefits to employees, with CNBC's Julia Boorstin & Jon Fortt.
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May 1- As mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp, lawyers for their union are trying an unusual gambit- and one that may be a test case for workers' rights when companies spin off assets.
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CNBC's Rick Santelli breaks down the data on first quarter employee compensation.
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ST. LOUIS/ NEW YORK, April 29- Patriot Coal Corp on Monday told a judge it would liquidate if not allowed to make drastic cuts to employee pension and healthcare benefits, as coal miners protested on the first day of a week-long court hearing.
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By Tim Bross and Nick Brown. ST. LOUIS/ NEW YORK, April 29- Patriot Coal Corp. Patriot, which filed for bankruptcy in July, told the U.S. Bankruptcy Court in St. Louis it planned to cut $150 million in annual labor costs by ceasing pension contributions and converting healthcare to an outside fund.
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By Tim Bross and Nick Brown. ST. LOUIS/ NEW YORK, April 29- Arguments got under way on Monday over the fate of healthcare and pension benefits for unionized workers of Patriot Coal Corp. The morning began with Patriot's contention that Peabody Energy Corp.
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ST. LOUIS/ NEW YORK, April 29- Arguments got under way on Monday over the fate of healthcare and pension benefits for unionized Patriot Coal Corp workers, as thousands of miners rallied against massive cuts proposed by the company. Judge Kathy Surratt-States, of U.S. bankruptcy court in St. Louis, said she would not rule on that question today. "
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By Tim Bross and Nick Brown. ST. LOUIS/ NEW YORK, April 29- Arguments got under way on Monday over the fate of healthcare and pension benefits for unionized Patriot Coal Corp. The morning began with Patriot's contention that Peabody Energy Corp.
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April 29- Patriot Coal Corp on Monday will seek court permission to slash healthcare and pension benefits for about 13,000 union workers, an issue that has set off weeks of street protests by affected workers. The company, which declared bankruptcy last year, said it wants to save $150 million a year on its labor obligations to help it regain profitability.
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To retirees, the offers can sound like the answer to every money worry: convert tomorrow's pension checks into today's hard cash. NYT Reports.
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Humana Inc's Humana Medical Plans had sued Glaxo for healthcare expenses Medicare patients incurred after using the drug, which has been linked to heart problems. The insurance company administers Medicare Advantage policies, in which private companies provide Medicare coverage.
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Electronic Arts has been voted the worst company in America by Consumerist readers, beating out Bank of America, Ticketmaster, and even Carnival Cruise Lines.
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April 2- After a court decision allowing Stockton, California to push ahead with its bankruptcy, investors in the $3.7 trillion U.S. municipal bond market will have a ringside seat as the nation's biggest public pension system and bondholders duke it out.
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WASHINGTON, March 26- President Barack Obama's top healthcare adviser acknowledged on Tuesday that costs could rise in the individual health insurance market, particularly for men and younger people, because of the landmark 2010 healthcare restructuring due to take effect next year.
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Workers 45 and older make up a disproportionate share of the long-term unemployed, and they have a hard time finding affordable health insurance.
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March 11- The New York State Psychiatric Association and consumers with health insurance from UnitedHealth Group Inc on Monday sued the company over mental health benefits, saying it had not provided the treatments that federal and state laws require.
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March 11- The New York State Psychiatric Association and consumers with health insurance from UnitedHealth Group Inc on Monday sued the company over mental health benefits, saying it had not provided the treatments that federal and state laws require.