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Lawsuits targeting employers’ work with PBMs put HR on alert

HR Brew

Several lawsuits highlight employers role negotiating health plan contracts with pharmacy benefit managers ( PBMs ) that include pricey prescription drugs, and seek to hold them accountable under the Employee Retirement Income Security Act of 1974 (ERISA). The most recent lawsuit was filed by JPMorgan employees on Mar.

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Is an HSA the New 401(k) When It Comes to Retirement ROI?

Extensis

Costly medical expenses and confusion about benefits language are leaving employees feeling discouraged about their healthcare and retirement options. Concurrently, employees can use the money saved in their HSA for qualified healthcare expenses when in retirement. So, does this really make an HSA the new 401(k) ? Yes and no.

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Top Outplacement Firms: A List for Buyers of Outplacement

Careerminds

Know what to look for in these outplacement firms that will enable them to properly support your laid off employees through their career transitions. These include expert career coaching , resume writing and optimization, networking, job search training, and unlimited support that’s accessible and easy to use at any time, from anywhere.

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Health savings accounts: Not your parents’ retirement plan

HR Morning

With the rise in health savings account (HSA) enrollment among younger employees and the decline in company matching rates of 401(k)s, HSAs have emerged as a retirement account option for new employees. Retirement is the farthest thing from your mind because, let’s face it, that’s a lifetime away. You’re young.

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Election year impact: What’s next for employee benefits?

WEX Inc.

With political campaigns often influencing policy proposals from healthcare to retirement plans, this episode dives into what employers and professionals can expect and how they can prepare for potential changes. Keep reading and check out our podcast episode below to learn more. Current election cycle: What’s on the table?

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Tips for Creating an Effective Early Retirement Plan for Employees

Cupa HR

This blog post was contributed by Linda Harber, retired CHRO from George Mason University and active CUPA-HR contributor. Planning an early retirement program for your institution is a vital part of human resource strategy and operations and can help position HR as a strategic leadership partner, especially during times like these.

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PepsiCo selects Cognizant CPO to head up its HR efforts

HRExecutive

PepsiCo has named Becky Schmitt as its new incoming CHRO, replacing Ronald Schellekens who will be retiring this fall, the company recently announced. Prior to rejoining PepsiCo in 2018, Schellekens had worked for the beverage company from 1994-2003 as an SVP of human resources. 1 and report to chairman and CEO Ramon Laguarta.

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