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Benefits—News—Federal

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House Backs Expensing of Options for Only Top Execs 
The U.S. House of Representatives last week voted 312-111 in favor of requiring publicly traded companies to treat stock options granted to top executives as expenses, USA Today reports.



Worker Appreciation Of Benefits Up in Down Economy 
According to a survey conducted among more than 1,200 workers, the Principal Financial Group found that while employees feel uneasy about their financial futures, they feel more appreciative of their employer-provided benefits.



Tuition Getting Still More Expensive 
Attention employers with tuition-reimbursement programs: If a new study is any indicator, you'll be shelling out significantly more for the benefit next year.



Benefits the Same or Slightly Better This Year, SHRM Reports 
In 2004, employers have maintained or slightly increased most of their benefits, according to survey results from the Society for Human Resource Management (SHRM).



Five Tips for Assessing Your Benefits Plan 
NEW ORLEANS--Gary Kushner offers some deceptively simple-sounding advice for companies struggling with the skyrocketing costs of healthcare and other benefits.



Monday at SHRM 
NEW ORLEANS—The second day of the Society for Human Resource Management's 56th-annual conference and exposition was also the first day of what most consider the "meat" of the convention: concurrent sessions, in which experts gave 75-minute talks on a wide array of HR-related topics.



Cash Balance Conversions Increase Costs, Study Says 
When companies began converting existing defined benefit pension plans to cash balance plans, critics cried "foul." Among other charges, they claimed companies were making the conversions only to save money. An analysis by Watson Wyatt Worldwide, which looked at conversions in 1999 and earlier, did indeed find that companies saved money. A recent study had a different result.



IRS Helping Small Businesses to Manage Retirement Plans 
To help small businesses comply with the federal tax laws that apply to employee retirement plans, the Internal Revenue Service is offering two new tools: a suite of retirement-plan “check-ups“and an employer newsletter.



PBGC Proposes Bigger Penalties for Bigger Plans  
The Pension Benefit Guaranty Corporation (PBGC) has proposed an expanded enforcement program, including a new penalty structure, for administrators of underfunded pension plans who fail to inform participants of the plan's funding status and PBGC's guarantee limits.



20 Million Workers Without Healthcare Coverage 
At least 20 million working Americans do not have healthcare coverage, according to a study released by the Robert Wood Johnson Foundation.





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