coleboy Posted February 25, 2019 Posted February 25, 2019 Basic HCE 101 but I'm getting old! Employee A owns 90% of a company, employees B & C each own 5%. Employee B makes over the compensation amount for an HCE. Employee C does not. However, employees B & C are married. Is employee C considered an HCE though she does not own ore than 5% and does not meet the HCE compensation requirement?
401king Posted February 25, 2019 Posted February 25, 2019 Are they not both Key HCEs because the attribution of ownership makes them both 10% owners for determination? R. Alexander
Mr Bagwell Posted February 25, 2019 Posted February 25, 2019 Spouses ownership attributes to each other. Both 10% owners, so both are HCE and KEY.
Tom Poje Posted February 25, 2019 Posted February 25, 2019 Basic HCE 100 (or why I am glad I'm not HCE!!!!!!) Doctors are blaming a rare electrical imbalance in the brain for the bizarre death of a chess player whose head literally exploded in the middle of a championship game! No one else was hurt in the fatal explosion but four players and three officials at the Moscow Candidate Masters’ Chess Championships were sprayed with blood and brain matter when Nikolai Titov’s head suddenly blew apart. Experts say he suffered from a condition called Hyper-Cerebral Electrosis or HCE. “He was deep in concentration with his eyes focused on the board,” says Titov’s opponent, Vladimir Dobrynin. “All of a sudden his hands flew to his temples and he screamed in pain. Everyone looked up from their games, startled by the noise. Then, as if someone had put a bomb in his cranium, his head popped like a firecracker.” Incredibly, Titiov’s is not the first case in which a person’s head has spontaneously exploded. Five people are known to have died of HCE in the last 25 years. The most recent death occurred just three years ago in 1991, when European psychic Barbara Nicole’s skull burst. Miss Nicole’s story was reported by newspapers worldwide, including WWN. “HCE is an extremely rare physical imbalance,” said Dr. Anatoly Martinenko, famed neurologist and expert on the human brain who did the autopsy on the brilliant chess expert. “It is a condition in which the circuits of the brain become overloaded by the body’s own electricity. The explosions happen during periods of intense mental activity when lots of current is surging through the brain. Victims are highly intelligent people with great powers of concentration. Both Miss Nicole and Mr. Titov were intense people who tended to keep those cerebral circuits overloaded. In a way it could be said they were literally too smart for their own good.” Although Dr. Martinenko says there are probably many undiagnosed cases, he hastens to add that very few people will die from HCE. “Most people who have it will never know. At this point, medical science still doesn’t know much about HCE. And since fatalities are so rare it will probably be years before research money becomes available.” In the meantime, the doctor urges people to take it easy and not think too hard for long periods of time. “Take frequent relaxation breaks when you’re doing things that take lots of mental focus,” he recommends. Origins: In 1994 the story of the unfortunate Mr. Titov graced the pages of the Weekly World News, an American tabloid rarely devoted to the reportage of actual news. Once again, the WWN failed to disappoint — this offering was fiction. Pension Panda, Mr Bagwell and DMcGovern 2 1
CuseFan Posted February 25, 2019 Posted February 25, 2019 Thanks Tom, all I could think about while reading this was the movie Scanners, and the Big Bang Theory episode where Sheldon tries to explode Leonard's head. Mr Bagwell 1 Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
coleboy Posted February 26, 2019 Author Posted February 26, 2019 Thanks for this amusing tale! I needed that laugh!
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