The idea of creating "cafeteria plans" as a way to let federal employees design their own benefit packages is on the menu today at a hearing scheduled by the House civil service subcommittee. But the ...
Have HR and benefit professionals who work for midsize employers lost their hunger for cafeteria plans in austere times? It seems that the answer depends on semantics and plan design nuances.
It’s common for employers to require employees to pay a share of premiums for many employee benefits. To take a bite of this cost-sharing requirement, many employers permit employees to pay for their ...
A House subcommittee chairman pushed the idea of cafeteria-style benefit plans for federal employees at a hearing Tuesday, but labor leaders said the idea would simply shift costs from the government ...
When insurance benefits, such as those provided under accident and health plans and group term life insurance plans, are provided through a cafeteria plan, the benefit is the coverage under the plan.
Cafeteria plans are a flexible way for employers to offer employees a variety of nontaxable health benefits. However, certain cafeteria plans and other benefit plans are subject to ERISA standards for ...
Flexible benefit plans allow employees to choose the benefits they need from several alternatives. These plans may include health insurance, 401(k) contributions and flexible spending accounts ...
Participants in a cafeteria plan may choose among two or more benefits consisting of cash and qualified benefits. 1 A cash benefit includes not only cash, but a benefit that may be purchased with ...