| BenefitsLink Retirement Plans Newsletter |   |
August 22, 2003 - 13,314 subscribers
Today's sponsor: BeneCom Associates, LLC
(Click on company name or banner to learn more.)
BeneCom Associates, LLC, for one-stop benefit communications Since 1992, BeneCom has produced benefit communications, including enrollment materials, SPDs, benefit statements, newsletters and more, for companies large and small, nationwide. So if you've been looking for an independent benefit communications specialist, look no further. Click above for more information, or give us a call at (860) 674-2626, Ext. 11, or (770) 461-5559. We're here to help.
(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)
PBGC Issues Disaster Relief and Extensions
Excerpt: "Relief for Pension Benefit Guaranty Corporation (PBGC) filing deadlines in areas affected by August's power blackout and July's severe storms have been issued by the federal private pension insurer." (PLANSPONSOR.com; one-time registration required)
Public Employees' Retirement Funds Survey
Excerpt: "The purpose of this survey is to promote sound public retirement system management, administration, and policies by describing and presenting information about public retirement systems. The source of the information shown here is primarily system annual financial reports, and also includes actuarial valuations, websites, member benefit guides, and input from system staff." (National Association of State Retirement Administrators and National Council on Teacher Retirement)
Will Legislative and Accounting Pension Reforms Threaten Your Company?
Excerpt: "During this teleconference, participants heard about numerous pension reforms being proposed in the U.S. that will substantially change the rules governing pension finances and add even more uncertainty and volatility to plan sponsorship ... If you are interested in receiving a free CD, PDF, or audiocassette of this Hewitt teleconference, please use this online order form." (Hewitt Associates)
U.S. Steel Contemplates Contribution of Timberland to Pension Fund
Excerpt: "U.S. Steel Corp. is considering a new method for quite literally 'growing' its pension fund. The nation's largest steelmaker said it is in the process of appraising 170,000 acres of timberland it owns. If approved by the Department of Labor, the company might then dedicate that land to help erase a $391 million liability in the fund ..." (Pittsburgh Tribune-Review)
Overview: IRS Releases Final Regulations on Catch-Up Contributions
Excerpt: "A plan that satisfies the universal availability requirement prior to an acquisition or disposition continues to be treated as satisfying this requirement until the end of a transition period. Transition period is defined in IRC ยง410(b)(6)(C), and generally means the end of the plan year that begins after the effective date of the acquisition or disposition." (The Segal Company)
Opinion: Social Security About To Plunge, But Retirement Benefits Don't Have To
Excerpt: "Have you ever fallen off a cliff? If you are younger than 40, you are about to. Social Security is fast approaching a financial precipice that will plunge benefits and smash retirement plans for millions of Americans.... There is a better way ... It's called Personal Savings Accounts." (Pete DuPont in the Wall Street Journal)
Links to Items on Executive Comp, Benefits in General
The Legal and Administrative Environment for Employee Stock Options in the European Union (PDF)
4 pages. Excerpt: "In June 2003, the European Commission released a report on the legal and administrative environment for employee stock options in the European Union (EU), prepared by experts in the field of employee stock options. This letter focuses on the report's analysis and conclusions on the issue of stock option accounting." (Frederic W. Cook & Co., Inc.)
Newly Posted or Renewed Job Openings
Benefits Customer Service Representative, Birmingham, MI
for Ceridian
in MI
Defined Pension Benefit Manager, Birmingham, MI
for Ceridian
in MI
Retirement Plan Specialist (Part-Time)
for Diversified Investment Advisors
in CT
Retirement Plan Service Representative
for Standard Insurance Company
in CA
Director of Sales
for ClearBenefits, Inc.
in CA
Newly Posted Webcasts
(Post Yours!)
401k Service Outsourcing - Strategy For Success?
on September 4, 2003
presented by McHenry Consulting Group
Handy Links:
- View Today's Active Message Threads
- Search BenefitsLink
- Using the Web for Employee Benefits Research
- Employee Benefits Library
Copyright 2003 BenefitsLink.com, Inc.; except that you can forward this email in full (including this boilerplate part) or otherwise reprint this email in full (including this boilerplate part) without obtaining our permission.
Published by:
BenefitsLink.com, Inc.
https://benefitslink.com/about.html
1298 Minnesota Avenue, Suite H
Winter Park FL 32789
(407) 644-4146
Fax: (407) 644-2151
Editor and Publisher: David Rhett Baker, J.D.
Housekeeping: