October 31, 2002 - 12,640 subscribers Today's sponsor: BeneCom Associates, LLC (Click on company name or banner to learn more.) BeneCom Associates, LLC, for one-stop benefit communications Since 1992, BeneCom has produced benefit communications, including enrollment materials, SPDs, benefit statements, newsletters and more, for companies large and small, nationwide. So if you've been looking for an independent benefit communications specialist, look no further. Click above for more information, or give us a call at (860) 674-2626, Ext. 11, or (770) 461-5559. We're here to help. (Help BenefitsLink to provide this newsletter at no charge to you -- our sponsors pay your way. Remember to visit them periodically; we try to make sure their products and services will be of interest to you. Thanks! --Editor) Overview: Final Interim Regulations Regarding Blackout Notice Requirements (PDF) 2 pages. Excerpt: "Section 306(b) and the Interim Regulations apply to any blackout period that begins on or after January 26, 2003. Transition rules apply for notice periods beginning between January 26, 2003 and February 25, 2003. In addition, although not required, plan administrators of plans entering into blackout periods prior to January 26, 2003, may wish to comply with the new notice requirements." (LeBoeuf, Lamb, Greene & MacRae, L.L.P.) Opinion: the 403(b) in California is Broken. Here's the Fix. Excerpt: "Despite recent legislative efforts, the 403(b) retirement plan in California is a fiasco. The typical vendor list here is a bloated mess of high fee vendors. Los Angeles Unified School District is the poster child for this train wreck." (403bWise.com) Hope and Caution: ERISA Plan Investment in Alternative Investment Funds 8 pages. Excerpt: "This article offers a short survey of the unique issues that pension plan fiduciaries face with respect to alternative investment funds and that fund managers may face if pension plans invest in their funds.... [S]pecial attention must be paid to how the ERISA duties of prudence and loyalty and the ERISA and Internal Revenue Service (IRS) prohibited transaction rules apply to such funds ..." (Kilpatrick Stockton LLP) Newly Posted or Renewed Job Openings - Non Qualified Plan Recordkeeper for Vinings Management Corporation in GA Plan Administrator for weaver partners, inc. in ALL STATES Pension Actuary for Actuarial Designs & Solutions, Inc. in ME Pension Administrator for Chambers Benefit Group in NM Newly Posted Conferences (Post Yours!) What's Driving the Rapid Rise in Health Care Costs ? in MA December 5, 2002 Greater Boston Chapter, Intl Society of Certified Employee Benefit Specialists Newly Posted Press Releases Fisher Vista's HR Marketer(tm) Service Now Available Through HR.com (Fisher Vista) Subscribe to the BenefitsLink Welfare Plans Newsletter, too (click)
Feel free to send this email to friends, colleagues or clients, if you copy or forward this email in its entirety (including this boilerplate part). Copyright 2002 BenefitsLink.com, Inc. Published by: BenefitsLink.com, Inc. https://benefitslink.com/about.html 1298 Minnesota Avenue, Suite H Winter Park FL 32789 (407) 644-4146 Fax: (407) 644-2151 Editor and Publisher: David Rhett Baker, J.D.
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