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Benefits—News—Federal

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Wellness Programs: a Worthwhile Investment  
As health care costs increase, a rising number of companies are using workplace wellness programs to improve employees' health and reduce medical claims, the Associated Press reports.



IRS Suspends Reporting Requirement 
The Internal Revenue Service announced Friday that it has indefinitely suspended the requirement for taxpayers to file Schedule F of Form 5500, "Fringe Benefit Plan Annual Information Return."



Lieberman Offers Stock-Option Reforms 
U.S. Sen. Joseph I. Lieberman, D-Conn., wants to encourage businesses to issue stock options to rank-and-file employees as well as to top executives.



The Military Embraces Laser Surgery 
The Washington Post reports that after years of skepticism, the military is embracing laser eye surgery with enthusiasm, envisioning soldiers in Afghanistan and other hot spots who no longer have to worry about glasses fogging up or contacts popping out during combat.



Investor Council Reverses on Stock Options 
In a reversal, many of the nation's largest pension funds threw their weight Tuesday behind efforts to persuade companies to count the cost of executives' stock options as an expense when they report their income, the Washington Post reports.



A Commuting Benefit - From the IRS 
Chicago Tribune workplace columnist Carol Kleiman notes that the Internal Revenue Code allows employers to provide work-related transportation benefits to employees on a pretax basis.



Sabbaticals Tougher to Come By 
Sabbaticals, never one of the most popular benefits, are getting even rarer these days, with the companies that do offer them cutting back, according to the Reuters news agency.



Employees Want More Control, Choice on Health Care 
Employees want more control and choice in health care, are interested in new consumer choice models, and rank health care as the most important benefit, according to a new consumer study from outsourcing and consulting firm Hewitt Associates.



Employees Ignorant of Some Benefits 
Amid corporate belt-tightening, many new employees have been accepting salaries that are lower than they might have hoped. But consultants tell The New York Times that they may be able to make up some of the difference by taking better advantage of their benefit packages.



Bonuses Coming into Question 
Why do companies in financial trouble shower millions of dollars in bonuses on executives and other employees?





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