Mercer’s November 2009 Global Benefits Legislative Update

This Global Benefits Legislative Update for November 2009 provides insight from Mercer consultants around the globe about key legal developments in various countries that impact employers' benefit programs. The update describes employer implications, lists deadlines and offers action steps. Highlights this month include: the IASB’s decision not to remove the requirement to use government bond yields as the discount rate for IAS 19 in countries where there is no deep market for corporate bonds; USA’s rules on prohibition of medical plans and insurers from collecting genetic information; Australia’s elimination of the requirement that employers provide health insurance for long-stay business visa holders; Ireland’s new Health Insurance Act; and the Netherlands’ plan to increase retirement age from 65 to 67. There are also more updates from Belgium, the Netherlands, Singapore, Taiwan, UK and USA.  (Access limited, Select News, 12 Nov 2009)

• Full text of Global Legislative Update (Mercer)

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