The maximum pretax contribution U.S. employees can make to their 401(k) plans in 2016 will remain at USD 18,000, unchanged from 2015. Other parameters such as the maximum catch-up contribution older employees can make to a plan (USD 6,000), the amount of employee compensation that can be considered in calculating pension benefits and contributions to DC plans (USD 265,000), the definition of a highly compensated employee for nondiscrimination testing (USD

According to a June 2015 International Foundation of Employee Benefit Plans (IFEBP) survey of its members, U.S. employers, of the 83% of organizations that do offer a form of education assistance or tuition reimbursement to their employees, 75% reported the program as successful despite the fact that in many organizations, less than 5% of eligible employees participate in the programs. Education assistance programs provide an employee with a fixed

Lockton Benefits President Bob Reiff‘s interview with Global Benefits Vision  is available here as a free-access PDF file. The text-only version is available here. Website : www.lockton.com/locktonglobal

Swan Insurance is the new IGP partner in Mauritius, providing employee benefits: health, life and retirement as well as P&C coverage. Mauritius has thriving BPO and textile sectors in addition to tourism. The partnership with Swan gives IGP the possibility to pursue fronting arrangements in several East African countries.