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May 29, 2003 - 13,225 subscribers
Today's sponsor: Thompson Publishing Group, Inc.
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"HRA's & Other Consumer-Directed Health Care Plans" 90-Minute Pre-Recorded Audio Conference Are the promised cost savings of consumer directed health plans real or an illusion? What does the future hold for these kinds of plans? How will developments in Congress and the marketplace affect them? What are the design features of successful consumer-directed health plans? Who is currently enrolling in these plans? Attorney and benefits consultant Terry Humo, Esq., addresses these questions and more during this audio conference presented May 20, 2003 and now available on tape or CD.
(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)
FASB to Review Pension Idea Under Attack
Excerpt: "U.S. accounting rulemakers on Wednesday said they would reconsider a proposal on valuing pension obligations that would boost pension liabilities on corporate books and drew criticism from corporate America." (Reuters via Washington Post)
PBGC Provides Deadline Relief in Response to Super Typhoon Pongsona
Technical Update 03-1. Excerpt: "The Pension Benefit Guaranty Corporation is waiving certain penalties and extending certain deadlines in response to the major disaster declared by the President of the United States on account of Super Typhoon Pongsona on December 8, 2002, in the Territory of Guam and the Northern Marianas Island of Rota." (Pension Benefit Guaranty Corporation)
PBGC Provides Deadline Relief in Response to Storms/Tornadoes In Alabama, Kansas, Missouri and Tenn.
Technical Update 03-2. Excerpt: "The Pension Benefit Guaranty Corporation is waiving certain penalties and extending certain deadlines in response to the major disaster declared by the President of the United States on account of storms and tornadoes beginning May 4, 2003, in Alabama, Kansas, Missouri, and Tennessee." (Pension Benefit Guaranty Corporation)
PBGC Provides Deadline Relief in Response to Storms/Tornadoes In Oklahoma
Technical Update 03-3. Excerpt: "The Pension Benefit Guaranty Corporation is waiving certain penalties and extending certain deadlines in response to the major disaster declared by the President of the United States on account of the storms and tornadoes that occurred on May 8, 2003, in Oklahoma." (Pension Benefit Guaranty Corporation)
PBGC Provides Deadline Relief in Response to Ice Storms in New York
Technical Update 03-4. Excerpt: "The Pension Benefit Guaranty Corporation is waiving certain penalties and extending certain deadlines in response to the major disaster declared by the President of the United States on account of the ice storms that occurred on April 3-5, 2003, in New York." (Pension Benefit Guaranty Corporation)
Opinion: It's Dumb and Dumber in Texas When It Comes to Proposed 457(b) RFP Prohibition
Excerpt: "Under Texas law school districts are not allowed to engage in the Request for Proposal (RFP) process when selecting 403(b) vendors. This is dumb. Under proposed Texas legislation SB 1243 that seems very likely to pass, school districts will soon be denied the ability to engage in the RFP process when offering 457(b) plans. This is dumber." (457bWise.com)
Links to Items on Executive Comp, Benefits in General
Delta Air Lines Begins Stock Option Exchange Program for Employees
Excerpt: "Delta Air Lines employees have about a month to turn in worthless stock options they hold for new ones that are much more likely to be valuable. The Atlanta airline on Wednesday began an option exchange program that was approved last month at Delta's annual shareholders meeting." (The Atlanta Journal-Constitution via NewsAlert.com)
Stock Option Plans Confound Many Workers, Experts Say
Excerpt: "Enron starkly highlighted the need to educate American workers on managing 401(k) accounts, but another perk-- the stock option-- is even harder for employees to understand and use to their benefit, experts say." (CBS.Marketwatch.com)
Newly Posted or Renewed Job Openings
Employee Benefits Sales Representative
for Great West Life & Annuity
in MI, NY, OH, TX
Pension Administrator
for The Pension Service, LLC
in MA
Executive Director, WAICU Benefits Consortium
for Wisconsin Association of Independent Colleges and Universities
in WI
Financial Planning Manager
for ICMA Retirement Corporation
in CA, CO, FL, IL, VA
Regional 401(k) Sales Director Opportunity
for Decimal, Inc. - The Online 401(k)™
in ALL STATES
Benefit Communication & Administration Specialist
for Benefits Consulting Firm
in NJ
VP Benefits
for Harrah's
in NV
Employee Benefits Tax Consultant
for Deloitte & Touche
in FL, GA, NC
Newly Posted Conferences
(Post Yours!)
ERISA FIDUCIARY Conference: Advising and Running Employee Benefit Plans in a Post-Enron World
in IL
June 20, 2003
Glasser LegalWorks
Domestic Partner Benefits: What Do You Need to Consider?
in ALL STATES
June 24, 2003
Thompson Publishing Group
Health Care Cost Containment Seminar: Real World Solutions and the Providers' Perspective
in CA
June 26, 2003
ArlenGroup
Newly Posted Press Releases
(Post Yours!)
New Withholding Tables on IRS Web Site Reflect Tax Law’s Changes
(Internal Revenue Service)
Taxpayers to Receive Advance Child Tax Credit This Summer
(Internal Revenue Service)
IRS Publishes 'Frequently Asked Questions' About Advance Child Tax Credit Payments
(Internal Revenue Service)
IRS Publishes 'Fact Sheet' on Advance Child Tax Credit
(Internal Revenue Service)
2003 Tax Law Summary Materials Available Now From Newkirk
(Newkirk)
Assist America Appoints Jennifer Orlikoff Vice President of Corporate Communications
(Assist America)
Handy Links:
- View Today's Active Message Threads
- Search BenefitsLink
- Using the Web for Employee Benefits Research
- Employee Benefits Library
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Editor and Publisher: David Rhett Baker, J.D.
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