| The BenefitsLink Newsletter - Retirement Plans Edition |  |
August 6, 2001 - 13,066 subscribers
Today's sponsor: Actuarial Systems Corporation (click)
For the past 20 years ASC has provided complete automation for the pension office, including state of the art DC/401(k) and DB administration and valuation systems, as well as sophisticated compliance testing and DV Direct, a revolutionary solution for daily valuation functions. For a free demo disk and more information click here: http://www.asc-net.com/contact.html
How Vanguard Clients Are Using Automatic Enrollment
Includes link to 8-page PDF document. (The Vanguard Center for Retirement Research)
Senate Panel Raises Retirement Age for Federal Firefighters
Excerpt: "The mandatory retirement age for federal firefighters would go from 55 to 57 in a bill approved Thursday by the Senate Governmental Affairs Committee." (GovExec.com)
IRS Presentation: Determination Letter Process-- Current Status and Future Ideas (PDF)
50 page PDF file of Powerpoint presentation, published on the Web by the IRS on August 3, 2001. Especially interesting: pages 28 and 29, 'Current Recurring Issues." (Internal Revenue Service)
401(k) Fund Debuts; All Funds are "Socially Responsible"
Excerpt: "1Point Administrative Services, a broad-based benefits administration firm based in Nashville, Tennessee, this week introduced the SR401K Plan, a 401(k) plan comprising only socially responsible mutual funds. The fully diversified plan offers large-, mid- and small-cap funds as well as an international fund, a global fund and a fixed-income fund. 1Point can also customize the plan for clients to include standard funds as well." (SocialFunds.com)
Opinion: Social Security Privatization Opponents "Just Playin' Dumb"
Excerpt: "Why do Mr. Matsui and others insist on opposing such a highly desirable, beneficial reform for working people? The real problem is that the personal account option would shift power and resources away from the centralized government in Washington, and the elitists who see themselves as controlling that government, and back to the workers themselves. That is truly what the opponents of personal accounts for Social Security just cannot accept." (Washington Times)
Newly Posted or Renewed Job Openings (Post Yours!)
| Retirement Administrator | for Delaware Investments in PA |
| 401(k) and DC Plan Administrator | for Capax - Pension Services in Modesto in CA |
| ERISA Litigation Attorney | for Katz, Kutter, Haigler, Alderman, Bryant & Yon, P.A. in FL |
| Mid-Level Actuary | for Watson Wyatt Worldwide in MI |
| Plan Administrator | for WT Benefits, LLC in TX |
| Pensions/401(k) ERISA Compliance Specialist | for Pensioncareers Ltd. in NJ, NY |
| 401(k) Daily Valuation Administrator | for Ingham Group in Miami, Fl in FL |
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Copyright 2001 BenefitsLink.com, Inc., but you may freely distribute this email newsletter in whole. This newsletter is edited by David Rhett Baker, J.D.
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