September 29, 2014 (PLANSPONSOR.com) – The Pension Benefit Guaranty
Corporation (PBGC) is requesting that the Office of Management and Budget (OMB)
approve a revised collection of information under its Payment of Premium
regulations.
PBGC
intends to revise the 2015 filing procedures and instructions to, among other
things, require reporting of certain undertakings to cash out or annuitize
benefits for a specified group of former employees.
Pension
risk transfer actions by defined benefit plan sponsors, such as annuitizing all
or a portion of participants’ benefits and offering a lump-sum window for
certain participant groups, are growing in frequency. Most recently, Motorola
Solutions announced it is taking both actions for its pension plan (see “Motorola Announces Pension Transfer, Lump-Sum Window”).
In
premium filings, plan sponsors report the flat-rate premium and related data
(all plans), the variable-rate premium and related data (single-employer
plans), and additional data such as identifying information and miscellaneous
plan-related or filing-related data (all plans). PBGC says it needs this
information to identify the plans for which premiums are paid, to verify
whether the amounts paid are correct, to help it determine the magnitude of its
exposure in the event of plan termination, to help track the creation of new
plans and transfer of participants and plan assets and liabilities among plans,
and to keep its insured-plan inventory up to date.
In
its notice, the PBGC said it intends to update the premium rates and make
conforming, clarifying, and editorial changes.
September 29, 2014 (PLANSPONSOR.com) - Fall is here, and the weather will only get cooler, which seems to bring with it more colds and cases of the flu.
Last
week, I asked NewsDash readers for their thoughts about sick employees coming
to or staying in the workplace. Seventy-four percent of responding readers
indicated they think there should be a workplace policy against sick employees
coming to/staying at work, while 26% said there should not.
Asked
which symptoms they think should be cause for them or a coworker to stay home
or go home from work, 4.4% selected sniffing, 27.4% chose constantly having to
blow their nose, 54.9% selected persistent coughing, 90.3% chose fever, and 77%
selected stomach issues. Nearly 11% chose “other,” most of which listed
sneezing, but other answers included pink eye and other contagious illnesses
and “blood, bone, breaks or blows (to put it nicely).”
Nearly
69% of respondents said if they felt a sick coworker was a threat to their
health, they would say something to him/her, while slightly more than 31%
indicated they wouldn’t say anything.
I
also asked NewsDash readers if their employers offer flu shots at the workplace:
76.5% said yes and 23.5% said no. More than 76% of responding readers indicated
they plan to get a flu shot this year, whether at the workplace or elsewhere,
and 23.7% do not plan to get a flu shot.
I
asked respondent to share tips for maintaining a healthy workplace. The top
suggestions were wash hands regularly and use hand sanitizer—even placing hand
sanitizer stations around the office. Other suggestions included using Lysol or
disinfectant wipes for desktops, phones, door handles; put signs up reminding
people to wash hands and do not cough or sneeze into their hands (use the bend
of your elbow instead); require employees to get flu shots; employers sending
an email blast with healthy workplace tips; offering telecommuting; taking
vitamin C and zinc; properly throw away tissues; don’t touch commonly touched
surfaces; and offer onsite wellness clinics. Other readers advised getting
enough sleep and exercise and eating right, one said he or she would “Keep my
office door shut and use more phone and instant messaging for communication,”
and one reader advises, “Have a messy desk. Flu Germs appear to fear a messy
desk.”
Among verbatim comments,
there was strong sentiment that sick employees should stay, or go, home.
However, some readers showed understanding about those not offered sick days,
not paid if they take a sick day or who need to use them for their children.
Many commented that a workplace policy against sick employees in the workplace
would be hard to enforce. Editor’s Choice goes to the reader who said: “Companies
should all have a kindergarten teacher come in around this time of the year and
re-teach folks the basics again.”
Verbatim
what
doesn't kill you makes you stronger...if you do get the flu, you will never get
that strain of flu again
Get
over yourself...you aren't that bloody valuable!
I
can only hope that they caught it from someone else that was dumb enough to
come in to work sick!!
I
have to come to work sick - I do payroll and am the only one trained to do so.
Sick
employees shouldn't come to work, but there are sometimes rules in place about
the number of sick days in a year that an employee can claim before they are
written up. That can lead to a decrease in raises, etc. That's usually why most
of the employees here drag themselves into work even though they are really ill
and contagious.
I
hear hacking all day long in my office, from the smoker on one side to the 2
allergy sufferers on the other. It's quite irritating, but if they always
stayed home when 'sick,' they wouldn't have a job.
I
don't get how people think that just by turning away from you to sneeze/cough,
without covering their nose/mouth, is OK. HELLO, you just sent your germs on
the express train to attack my immune system! If you're sick you need to stay
home; you're not a martyr you're Typhoid Mary. It's distracting to hear folks
cough/sneeze and you know that collectively everyone is holding their breath
when this happens. The sick employee is unproductive and they affect the
productivity of everyone else. STAY HOME ALREADY!
Stay
home and get well. No one is indispensable and use your PTO instead of coming
to work spread your illness.
People
that come into the office sick are inconsiderate and selfish and increase the
chance that other people will get sick.
Companies should all
have a kindergarten teacher come in around this time of the year and re-teach
folks the basics again. Cough/sneeze into your sleeve or a Kleenex, don't wipe
your nose on your hand....the list goes on and on.
Verbatim
(cont.)
Companies
should have additional sick days specifically for the flu to allow people the
ability to stay home when sick. People come to work because they don't have
sick leave and can't afford to stay home, which could be more costly to the
organization.
Not
everyone can afford to stay home for their own illness and may need to save
those days to care for ill children instead.
I
won't cast too big a stone at those coming in sick. My part of the office has
fairly liberal leave, if you have it, you can take it. For other units, I know
they are more restrictive. Some of the signs of flu are the same as allergies.
Not all with stomach problems are flu, some are IBS. So hard at times to tell
if one is sick or just with allergies. (Ok, both can be sickness, but, one is
catching the other is not.)
I
think having a "policy" may be too strong a statement because how
does one judge how sick someone is? Or is the line crossed when coworkers are
disturbed by behavior? Concerned for their own health? That's when things can
get slippery: when a rash isn't contagious but everyone's scared anyway. I hate
this part of my job!
Anyone
who comes to work with something spreadable, is usually a very selfish person.
They
need to stay home - especially if coughing, sneezing, have a type of infection
or fever. Not only are they sick, they will make others sick - if they come to
work, they don't care about the welfare of others working around them.
They
just spread it to over people who have kids then it goes around again.
Unfortunately,
our vacation days include sick time, so no one stays home unless that cannot
move! So as much as I wish they would stay home, I get why the show up.
Don't
be a martyr. Go home before you make everyone else sick too!
I probably wouldn't
say anything to a sick coworker, but I would stay away from him/her if
possible. I would also make liberal use of Purell and Clorox wipes for all
surfaces!
Verbatim
(cont.)
Thoughtless
and/or lacking in respect for others.
I
do feel that people should stay home if they are sick and if they do come to
work sick their managers should send them home. They can work from home if they
feel well enough to work but are blowing their nose, coughing etc.
While
I appreciate that not everyone has paid sick time, it puts undue risk on both
other employees AND the employer to have a sick employee potentially sicken
others. Productivity goes down for the employer, and health care costs go up as
illness spreads. I resent having to use my own sick time when I might have
otherwise stayed healthy.
Having
a stay-home-when-sick policy won't help the outliers on either end of the
spectrum. In our office we have one hypochondriac employee who stays home sick
whenever anybody in the building has been ill; on the other end, we have the
hard core people who always show up ill, spreading their germy mayhem
throughout the population. At least with more opportunity to work from home
these days, it's not as bad as it used to be.
Many
do not have sick leave, or they cannot afford to stay home from work without
pay. It is a double-edged sword that cuts both ways.
While
I don't think companies should have a policy regarding sick workers to come to
work I wish people would use common sense.
STAY
HOME! There is no one that is so important they must physically be at the
office while sick and with modern technology there is no need. And employers
need to protect well employees by encouraging the sick to vacate the premises
without fear of retribution.
For
office jobs, with remote access available, stay home and work, better yet, stay
home, rest, and get better sooner - and use your PTO,( it's just not for
vacations).
Would
like to have people stay home if sick, but would require offering more sick
days I guess. People don't want to use their personal or vacation days when
they can't enjoy themselves.
I chose the selection
to indicate that I don't think employees who are sick should come in to work,
but I've been coming in for a week with a severe cold so I guess I'm just like
the government - I want to make rules for THEE but don't apply them to ME.
Verbatim
(cont.)
Need
to have better sick time policies. Now that everything is PTO--no one wants to
waste those days by being sick.
Many
people think that if they are in their own office it's ok to not cover your
mouth when sneezing or coughing. But germs fly! So cover it up!
While
it may seem like a good idea to ban sick employees from the workplace, I don't
think it's practical and may not always be necessary. You could be past the
point where you are still contagious and still sound sick.
it
seems co-workers don't want to waste their "pto bank" on sick days.
My
current workplace is small (only 12 employees) and most are pretty good about
staying home when they are sick (most can work from home). However, I used to
work at a law firm where it was a badge of honor to come to work sick. That is
when I started getting flu shots. Apparently, very few other people in the
office took that precaution because every year there were numerous people with
the flu working until they couldn't anymore!
Offer
sick days without fear of consequences of you use them.
Infecting
others is just RUDE!
It's
an annoyance, and I'm not about to start throwing hypocritical rocks in this
glass office.
When
my kids were small I always kept them home so they would not spread their germs
to others. I do the same at work. However, others seem to come in and then I
get sick. NO FAIR. Be courteous to others please. Most of the time if you say
anything, they say "I don't have any sick time left, so I have to work."
Well, that shows a selfish attitude if they do not care if others get sick!
You really have to
build staying home when you're sick into the culture of the workplace. If
employees see managers coming to work when they are ill, regardless of any
written policy, they will know that that is what is expected.
Verbatim
(cont.)
Quick,
someone hand me the disability decoder ring to see if we've a potential for a
(fill in the alphabet soup) claim. Next, contact the (alphabet soup) attorney.
Third, notify EPA. Fourth, press 1 for English. Fifth, secure the area. Sixth,
verify employment. Seventh, obtain signed liability waiver form. Eighth, obtain
signed authorization for treatment form....
Sick
employees should not be in the workplace. Too much risk for other coworkers to
get sick. Also, sick employees will not be as productive.
Our
company actually has a policy regarding staying home when you are sick - hard
to enforce, but at least it’s there.
As
an HR person, it would be hard to create and enforce a policy against sick
employees. However, we do encourage sick employees to stay home. And I certainly
tell plenty of employees to go home because I don't want them to pass on what
they have, especially to me.
It's
a difficult question. They may have eaten bad food, or maybe stomach problems
are Crohn’s or some other medical condition but the common cold is the worst to
defend against. They are so common and yet so virulent.
With
fewer paid sick days, more employees are coming to work sick causing a spread
of the latest virus.
I
believe if your company does not give you sick days then it is perfectly
acceptable to go into work sick if you can still do your job and not lose out
on pay.
My
boss does not believe in sick days, so I don't either.
I'm
ashamed to admit that I am currently at work with a very bad cold. It must be
my mid-western upbringing that says you come to work unless you physically
cannot get out of bed.
My company provides
ample PTO and people are encouraged to stay home when they're sick.
Verbatim
(cont.)
Although
I don't think a policy needs to be created, I do think people should use common
sense and stay home at times, but not just for sniffles, etc.
I
put a lot of pressure on my co-workers not to come to work sick or to go home.
Management doesn't always feel the same way.
I
do not like it when a co-worker comes into the office sick and/or they appear
to be contagious for anything they may have.
No
one wants to "waste" days off by staying home sick. But that's how
you recover! You won't recover if you come in sick--you need to stay home and
rest. You get X amount of sick time--TAKE IT and keep the rest of us from
calling in sick!
A
sick employee exposes everyone else in the workplace and therefore before you
know it there are a handful of people out at one time or there is exposure to
sickness in the workplace every day.
Typically
illness sweeps through our department with many of us becoming sick within a
week or so of each other.
I
would love to do a stay home when you're sick campaign for employees, but they
won't stay home, they love this place!
While
I believe that sick co-workers should remain at home or at least work from
home, our workplace has only gotten more strict about taking sick time. Our
sick days have gone to six per year. I work with lots of younger workers that
have kids. If your kids get sick, you use a sick day. If you get sick, you go
to work so that you're ready for the next wave of school or daycare borne
illness.
I
think it's laughable to talk about policies to make people stay home; that will
last until the first critical deadline is in jeopardy...
NOTE: Responses reflect the opinions of
individual readers and not necessarily the stance of Asset International or its
affiliates.