As monthly federal student loan payments are set to resume in the fall, more employers are considering some form of student loan relief as an employee benefit.
New York City reached an agreement with municipal worker unions to shift retiree health care benefits to a new plan under Medicare Advantage, a program in which public benefits are administered through private companies.
PPG Industries Inc. won a summary judgment in a federal lawsuit alleging it was liable for maintaining retiree benefits for a company it spun off that later terminated those benefits.
Pharmacy discount company GoodRx Inc. has analyzed cash prices for the top 100 brand name drugs in the U.S. with the costliest brand being Humira (made by AbbVie) at $9,065 per month.
The California Public Employees’ Retirement System, or CalPERS, has agreed to pay up to $2.7 billion to settle a class-action lawsuit over double-digit increases in long-term care insurance premiums for polices that included “inflation-protection” coverage.
Volvo North America won approval of salary and benefits it offered in a new six-year contract with the United Auto Workers union, ending a strike at its tractor truck plant in Dublin, Va.