HRM 599 WEEK 8 FINAL EXAM
1. Question :
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2. Question :
(TCO B) .Briefly outline the key provisions of the Pension Protection Act of 2006. (Points: 30)
3. Question :
(TCO C) Your organization’s CEO is considering implementing a life insurance policy for employees and needs your advice. Briefly discuss the two types of life insurance policies offered in the United States and the major differences between the two. Make a recommendation for your CEO as to which plan would be best for your organization and why. (Points: 30)
4. Question :
(TCO D) In an effort to cut the rising costs of benefits, your CEO wants to explore the possibility of offering consumer-driven healthcare plans. She has heard about the growing popularity of these plans and wants to know more. Discuss the major aspects of a consumer-driven healthcare plan and whether or not you would recommend such a plan and why. (Points: 30)
5. Question :
(TCO E) Your organization is considering offering a flexible benefit plan but has been advised that it could create a higher risk for adverse selection. Discuss the issue of adverse selection, and provide an example of how it occurs. Discuss three approaches you might use to reduce the risk of adverse selection in a cafeteria plan. (Points: 30)
6. Question :
(TCO F) The CEO of your organization is interested in implementing a cash balance retirement plan and asks for your advice. Discuss the major controversies related with a cash balance retirement plan and provide your recommendation to implement the plan or not. (Points: 30)
7. Question :
(TCO G) Legally, employers must provide some disclosure information regarding their benefits plan as spelled out by ERISA. One of those requirements includes a summary plan description, or SPD. What is an SPD? Briefly discuss the information that SPDs must provide. (Points: 30)
8. Question :
(TCO H) What are the basic characteristics of flexible scheduling and personal leave? (Points: 30)
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