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FTC — the FTC pointed to Section 6 of theAct, which it said grants “additional powers to support the adjudicatory scheme” — in effect, enabling the agency to issue legislative rules (that have the force of law) “to prevent unfair methods of competition.”

He stated, “There are many issues that require regulatory clarity and stability so that the system can function properly, including (1) modernizing defined contribution plans to include alternative investments, such as private equity and cryptocurrency ; (2) the consideration of ESG [ environmental, social and governance ] factors; (3) the fiduciary rule as applied to [individual retirement account] rollovers; (4) mental health parity; (5) plan forfeitures; (6) pension risk transfers; (7) tobacco and vaccine surcharges and wellness programs; (8) managing pharmacy benefit managers and healthcare costs; and (9) cybersecurity to protect participants assets — just to name a few key issues.

About 7.2 million private-sector workers, or about 6% of the 120.36 million private-sector workforce, were represented by unions last year, the Labor Department said.

Of the organizations that do not include promotional increases in their salary increase budgets, 62% fund the promotional pay increases via vacancy, salary or other savings, 25% pull it out of the merit increase budget, 21% pull it out of the “other” increase budget and 6% pull it out of the general increase/COLA budget.

In 2023, the agency’s annual report showed 920,000 beneficiaries received more than $6 billion in annual benefit payments, while another 31 million employees were in PBGC-insured plans.

Employee Benefit Adviser 6(13): 23–26.

Warden was able to step away thanks to Salesloft’s 6 @ 6 sabbatical program.

Remarkably, only 6% have studied psychology.

Access bonus Workspan Daily Plus+ content on this subject: Considerations to Manage the Costs of GLP-1 Coverage; Increasing Demand Poses Expensive Deliberations Among the nearly 300 employers surveyed by the IFEBP for a recent study, 34% are now covering GLP-1 drugs for both diabetes management and weight loss, up 8 percentage points from 12 months ago.

The June 12 EBRI report pulled data from 14.5 million accountholders, containing more than $48 billion in total assets —roughly 40% of the entire HSA universe.