Employers Prepare for Higher Benefit Costs from Older Workers
According to LIMRA Secure Retirement Institute, 73 percent of employers have planned for benefits costs to increase as a consequence of having older workers in their companies.
Nine in 10 employers taking steps to keep older workers on the job
A new study from LIMRA Secure Retirement Institute has found that 92 percent of employers are taking specific action to help older workers stay on the job.
Employers Pessimistic About Benefit Costs Under PPACA – How Will This Impact Our Industry?
A new LIMRA survey of U.S. employers found more than half of employers have increased or plan to increase deductibles, co-pays or the contributions from employees to cover the cost of coverage for their medical plans.
Even When Inflation is Low, it's Higher for Retirees
When retirees and pre retirees share their concerns about risks in retirement, inflation often shows up near the top of the list.
Six in 10 Workers Say Health Insurance Costs Directly Affect How Much They Save for Retirement
New LIMRA research reveals that 59 percent of workers agree or strongly agree that what they pay for medical health insurance benefits directly affects how much they will put aside for retirement.
Employers concerned about retirement readiness of their workers
Nearly 4 in 10 employers say less than half of their workers are financially well prepared for retirement.
Incentives to Delay Retirement Benefit Both Employers and Employees
According to the U.S. Bureau of Labor Statistics, one-third of the U.S. labor force is 50 or older. As more employees begin to reach the traditional retirement age, employers need to examine their policies and procedures to address the potential loss of talented and experienced workers.
With a New Year, Employers Challenged with Aging Workforce and Managing Benefits Costs
As the calendar changes to 2016, employers with an aging workforce face the constant challenge of managing their benefits costs.