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Fading
Fast: The Traditional Pension
Verizon Communications, the nation’s second-largest telephone company,
is the latest to freeze its guaranteed pension plan covering 50,000 managers.
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more ...
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Guarding
Against Negative Results
As employees pay a greater share of the cost of drugs, some employers are worried that they will forego needed medications and increase the likelihood of major medical expenses.
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more ...
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My
View: New Location, Same Quality
The Benefit Advocates has a new home
— the Stratford Oaks office
complex in Winston-Salem. Thanks to
you we're growing so now we're
moving. Our new address became
effective Jan. 30.
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more ...
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President
Bush Visits One of Our Clients
Economy and tax relief were atop the agenda Dec. 5 when President Bush visited
Deere-Hitachi Construction Machinery Corp. in
Kernersville
—
a client of The Benefit Advocates.
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more ...
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Retiree
Drug Coverage ... for Now
Most companies will accept government subsidies this year for continuing to provide retiree drug coverage at least as good as Medicare’s new prescription benefit.
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more ...
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Medicare
Part D is Heartburn for Seniors
Baffled
by the large number of options and
the difficulty in determining the
costs, only
a faction of the 43 million eligible
seniors have signed up for
Medicare's new prescription drug
coverage.
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more ...
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The
second part of our two-part series focuses on retirement plans and asks: With personal savings rates, employee participation
in retirement plans and other measures of retirement readiness
on the decline — at the same time many companies pull back from traditional
pensions because of the costs — what can companies do to provide the type of
portable and predictable benefits needed to attract and keep
the best and compete?
