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The BenefitsLink Newsletter -
Retirement Plans Edition
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September 6, 2002 - 11,893 subscribers
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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 - Post a Help Wanted Ad


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

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Editor and Publisher: David Rhett Baker, J.D.