If each is entitled to the average benefit
, their total annual Social Security benefit
will be $20,856 ($12,648 for the husband and $8,208 for the wife).
Governmental entities will start accruing post-employment benefits
other than pensions (OPEB) over the next several years--a major change that, for some, will result in massive financial liabilities.
Payments from a WBP will be made only if the specific benefit
being funded becomes payable to plan participants.
However, when taxpayers receive workers' compensation rather than Social Security disability benefits
and this compensation reduces the amount of Social Security they receive, the workers' compensation is taxed at the same rate as Social Security benefits
Employers can spend huge sums of money on benefits
, but if their employees aren't aware of the cost or don't appreciate the value of the benefits
, they aren't going to see a return on their investment," says Kathryn Yates, global director of communication consulting at Watson Wyatt.
The companies that are refusing to give equal benefits
to all of their married employees are some of the largest employers in the United States.
In all, about 40 percent of Fortune 500 companies offered health benefits
to gay couples at the end of 2003, according to the Human Rights Campaign Foundation.
What happens is that people tend not to look after their health until it is an emergency situation, and because it is acute care and not preventative care, the benefit
program takes a hard hit," says Pineault.
Create a community of firms that demonstrate a commitment to employee benefit
plan audit quality.
This would allow states to opt out of the prescription drug benefit
for dual-eligible individuals at significant savings to the state.
Restrict survey queries to provide benefit
estimates for consumer surplus and willingness-to-pay approaches.
The team modeled health benefits
from the hypothetical installation of BACT at five older power plants located within a 50-mile radius of Washington, D.
an employer may not decrease an accrued benefit
by amending the plan.
However, when the various limitations imposed by government regulations and the company's own rules were calculated, it was discovered the CEO would receive an annual benefit
of 8 percent of his final year's salary.
By contrast, under a cafeteria plan, the employee could choose an alternative benefit
and receive economic benefits
equal to those of other employees.