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The BenefitsLink Newsletter -
Welfare Plans Edition

November 14, 2000

Today's sponsor is 2e Corporation
(click on banner for more information)

Avoiding Limitations on Compensation Deductions
Excerpt: "In this month's Executive Compensation Corner, Judy Alden provides a tip to help public companies ensure compensation deductions will not be limited by Sec. 162(m)." (PricewaterhouseCoopers Tax News Network)

New OSHA Regs Will Face Numerous Legal Challenges

OSHA Releases Final Version of Workplace Ergonomics Rules
(Computer World)

OSHA Ergonomics Rules Pain Businesses
(Boston Herald)

OSHA's Ergonomic Rules Rile Business
(Chicago Tribune)

Workers Hail, Business Attacks New OSHA Rules
(Washington Post)

OSHA Sets Repetitive Stress Ergonomics Rules
(Boston Globe)

OSHA's Final Ergonomics Rule Hits Federal Register: Lawsuit Filed

Care vs. Cost: Employers and Employees Pushing to Get What They've Paid For
Excerpt: "If your goal is to reduce the total cost of your health care plan, such a task can be relatively easy. You simply 'price shop' and select the least expensive plan. However, if you're interested in health care quality, you have your work cut out for you. Forget for the moment the task of actually improving quality. First, you have to find a way to define it and that, unfortunately, is no easy task. In fact, there are many components." (HR magazine)

Defined Contribution on Radar But Still Nowhere in Sight
Excerpt: "It's been almost a year since employers, consultants and others began openly considering a defined contribution model, triggered by a Xerox employee benefits manager's suggestion that her firm may adopt the benefit strategy-- a statement quickly retracted. A year later, how far has the movement gone? Both everywhere and nowhere, some observers say." (Managed Care Week, via AISHealth.com)

Yuck, Yuck-- Norwood-Dingell Bill Treated Flippantly by Some in News Media
Excerpt: "Is the phrase 'Dingell-Norwood' as intrinsically funny as, say, 'Buttafuoco'? Sam Donaldson and Cokie Roberts seem to think so. On ABC's 'This Week,' the pair yukked it up over Al Gore's charge in the final presidential debate that George W. Bush doesn't support the 'Dingell-Norwood bill.'" (The New Republic)

HealthAffairs.org: Impressive Online Health Policy Publication
Excerpt: "As Project HOPE's bimonthly policy journal, Health Affairs moves toward its 20th anniversary ... The journal will build on this record of achievement in the next several months as all contents of become available on-line, including an indexed and searchable archive of all past issues." (Health Affairs)

Need for Long-Term Care Coverage to Grow; Entrepreneurs Might Thrive
(Detroit News)

HMO Disputes Playing Out In The Press, Courts
Excerpt: "As the recent bundling of health maintenance organization lawsuits between patients and providers suggests, the ongoing national move to determine what is acceptable health care and good business practice is taking a two-pronged direction--in the courts and in the press." (National Underwriter Company)

Making Nice: Managed Care Looking for a Makeover
Excerpt: "Beset by criticism and legal attacks from the public, politicians and providers, health plans are scrambling to construct a kinder, gentler version of managed care. But the early returns indicate they have their work cut out for ." (Healthcare Business)

(Following also appears in Retirement Plans Edition)

Palm Beach Ballot Confuses Several Thousand Voters-- A Lesson Here for Plan Administration Forms?

Federal Government Website is 'Official Website for Searching the U.S. Government'

Plaintiffs' Attorney Making Brief Bank Available to Lawyers Who Contribute a Brief
(Blair Brininger, P.C.)

Graef Crystal: Warnaco Needs Cash to Show Wachner the Door
Excerpt: "How does a board of directors fire its chief executive when the company doesn't have enough cash to fund the CEO's severance package? That's the question at Warnaco Group Inc., where an amazingly tolerant board must decide whether to dispense with the services of CEO Linda Wachner." (Graef Crystal, on Bloomberg.com)

ASPA to DOL: Reduce Penalties Under DFVC Program
Excerpt: "ASPA supports DFVC because it permits and encourages an ERISA plan administrator to come forward and file a delinquent return without imposition of the entire statutory penalty.... However, ASPA also believes that the penalties under DFVC, although reduced from the maximum possible amount, are still too high to effectively encourage voluntary compliance to correct the deficiency." (American Society of Pension Actuaries)

Job Openings Newly Posted or Reposted on EmployeeBenefitsJobs.com

Retirement Sales District Managerfor ADP, Inc.
in CA, NY
Account Consultantfor Hartstein Associates, Inc.
in NJ
Service Integration Managerfor Fidelity Investments - Marlborough Campus
in MA
401(k)/DC Pension Consultantfor CBIZ Retirement Services Inc.
in NY
Pension Administratorfor California Retirement Plans
in CA
Pension Account Executivefor Diversified Investment Advisors
in CA, IL, MA, NC
Client Service Consultant, Client Integration Teamfor Diversified Investment Advisors
in NY
Benefits Associatefor Black Mountain Management
in NY
Supervisor - Health and Welfare Plansfor Black Mountain Management
in NY
Benefits Associatefor Black Mountain Management
in NY
Benefits Associatefor Black Mountain Management
in NY
Pension Administratorfor Benefits Consulting Group
in MA
Sr. Benefit Administration Specialist-Multiple Locationsfor Towers Perrin
in PA, VA

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