September 6, 2002 - 11,893 subscribers Today's sponsor: Actuarial Systems Corporation (Click on company name or banner to learn more.) ASC - 20 YEARS OF QUALITY SOFTWARE FOR THE PENSION INDUSTRY 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 below: http://www.asc-net.com/contact.html Report of the 2002 National Summit on Retirement Savings 37 pages. Excerpt: "The theme of the Summit was 'Saving for a Lifetime:Advancing Generational Prosperity.' The Summit delegates participated in breakout sessions focusing on four specific generational groups:the Millennial Generation (individuals born from 1982 to present day),Generation X (1961-1981),the Baby Boom Generation (1943-1960)and the Silent Generation (1925-1942). The delegates were challenged to develop action plans with compelling messages,approaches, and potential partners for implementing the action steps." (U.S. Department of Labor, Pension and Welfare Benefits Administration) Another Question is Answered in the Who's the Employer Q&A Column In determining whether two partnerships are a brother-sister group of trades or businesses under common control, do you first consider each owner's profits interests and then consider each owner's capital interests (to see if the ownership thresholds are met) or alternatively, do you use the higher of each partner's capital or profits interest? (BenefitsLink.com) Links to Items on Executive Comp, Benefits in General (These items appear in both editions of the BenefitsLink Newsletter) Labor Department Solicits Nominations for ERISA Advisory Council Press release. Excerpt: "The U.S. Department of Labor is soliciting nominations to fill five three-year vacancies on the Advisory Council on Employee Welfare and Pension Benefit Plans. The deadline for receipt of nominations is October 1, 2002. Also known as the 'ERISA Advisory Council,' the Council is bipartisan and has 15 members appointed by the Secretary of Labor to represent the groups and fields specified in the law that are involved in employee benefits." (U.S. Department of Labor, Pension and Welfare Benefits Administration) Survey: Large Employers Believe Stock Option Expensing Is Inevitable Mercer Human Resource Consulting press release. Excerpt: "U.S. employers hold wide-ranging views on the appropriateness of expensing stock options, but the vast majority (87%) believe that option expensing will be mandated in the U.S. within five years.... Despite the potential impact, only 37% have formally considered the issue at the executive or board level." (Business Wire via International Foundation of Employee Benefit Plans) Newly Posted or Renewed Job Openings - 401(k)/Pension Administrator for East Bay Third Party Administration Firm in CA Director of Pension Operations for Mand Marblestone & Danziger, P.C. in PA Retirement Plan Administrator for Mand Marblestone & Danziger, P.C. in PA Benefits Analyst for Lifetime Television in CT, NJ, NY Conversion Consultant/ Relationship Manager for Global Asset Management Firm in MO Newly Posted Webcasts (Post Yours!) How Are Rising Health Care Costs Affecting Employees? on September 5, 2002 presented by Henry J. Kaiser Family Foundation/Health Research and Educational Trust Newly Posted Conferences (Post Yours!) HR Technology Measurement in AZ on October 23, 2002 presented by HRevents Introduction to ESOPs in PA on November 6, 2002 presented by National Center for Employee Ownership Introduction to ESOPs in MA on November 7, 2002 presented by National Center for Employee Ownership Introduction to ESOPs in LA on November 12, 2002 presented by National Center for Employee Ownership Introduction to ESOPs in TX on November 13, 2002 presented by National Center for Employee Ownership Introduction to ESOPs in AZ on November 14, 2002 presented by National Center for Employee Ownership Introduction to ESOPs in CA on November 21, 2002 presented by National Center for Employee Ownership Opportunities & Challenges: Stock Options in Today's Economy in WA on October 31, 2002 presented by National Center for Employee Ownership Opportunities & Challenges: Stock Options in Today's Economy in VA on November 5, 2002 presented by National Center for Employee Ownership/Beyster Institute Subscribe to the Welfare Plans Edition, too (click)
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