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Welfare Plans
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November 19, 2002 - 8,019 subscribers
Today's sponsor: Benefit Software Inc.

(Click on company name or banner to learn more.)

   Personalized Employee Benefit Statements from Benefit Software

   The average employer pays 38% over employees' gross salaries in
   benefits. But studies show that most employees don't understand or
   appreciate employer paid benefits.

   Benefit Software has nearly 25 years of experience helping thousands
   of employers communicate their "Hidden Paycheck."

   Save money and improve morale by showing employees what they're worth.

   Email sales@bsiweb.com or call 800-533-1388 to request a FREE QUOTE. 

(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)
White Paper from Health Insurance Association of America: the Benefits of Long-Term Care Insurance
20 pages. Excerpt: "The benefits of long-term care insurance are many and varied and reach beyond policyholders themselves to include family caregivers. Public programs benefit too, enjoying reduced expenditures on long-term care. Below we summarize the major advantages of long-term care insurance for policyholders, caregivers, and public programs. These findings are based on analyses of empirical data collected over the last five years." (Health Insurance Association of America)

Available from HIAA: the Health Insurance Primer-- An Introduction to How Health Insurance Works
The Health Insurance Association of America publishes a 187-page report entitled 'The Health Insurance Primer: An Introduction to How Health Insurance Works.' Available from HIAA for $50 (not affiliated with BenefitsLink). (Health Insurance Association of America)

Available from HIAA: a Study of Employer Long-Term Care Insurance Plans
The Health Insurance Association of America publishes a 39-page report entitled 'Who Buys Long-Term Care Insurance in the Workplace? A Study of Employer Long-Term Care Insurance Plans 2000-2001.' Available from HIAA for $55 (not affiliated with BenefitsLink). (Health Insurance Association of America)



Links to Items on Executive Comp, Benefits in General

Year-End Checkup for Benefit Plans
8 pages; Nov. 18, 2002. Excerpt: "This Alert will help identify year-end administrative and planning issues that could lead to compliance or employee relations problems if not addressed before or fairly early in 2003. In addition, we have included reminders about recent developments affecting benefit plans or participants." (Aon Consulting)

When To Hire An ERISA/Employee Benefits Attorney
Excerpt: "[Q]ualified retirement plan issues which companies should consider involving an experienced ERISA attorney are: Merging an existing Money Purchase Plan with an existing 401(k) Plan or Profit Sharing Plan ...; EGTRRA Compliance and Planning; Determining Fiduciary Liability Issues; Sarbanes-Oxley Act planning for blackout periods, company stock and audit oversight; Providing Investment Advice to Participants; 401(k) Plan Fees; and Withdrawal liability from multi-employer pension plans." (Attorney Jeff Robertson of Bullivant Houser Bailey, P.C., published by 401kHelpCenter.com)

Industry Executive Jim Smith of SunGard Corbel Dies at 53
Very sad news. Excerpt: "Jim's affable personality, tied with a very strong sense of customer service, made him a favorite with his co-workers, employees and clients alike. His passing leaves an emptiness in all of us that will not soon be replaced." (SunGard Corbel)

FASB Invitation to Comment Explains Differences Between IASB Proposal and Current FASB Statement
Press release. Excerpt: "[The] Invitation to Comment explains the similarities of and differences between the proposed guidance on accounting for stock-based compensation included in the International Accounting Standards Board's (IASB's) recently issued exposure draft and the accounting for stock-based compensation under FASB Statement 123.... A copy of the document is available on the FASB's website." (Financial Accounting Standards Board)

FASB Seeks Comments on Proposal to Expense Stock Options
Excerpt: "The Financial Accounting Standards Board is asking for comment on an International Accounting Standards Board proposal issued earlier this month to make companies expense stock options, as it decides whether it should follow suit and require the same of U.S. companies." (Reuters via Forbes.com)






Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Pension Plan Administrator
for Elliott Davis, LLC
in SC

Defined Benefit, New Business Consultant
for NYLIM Retirement Plan Services LLC
in MA

Benefits Financial Manager
for Zurich North America
in IL




Newly Posted Webcasts
(Post Yours!)

iSeminar for Plan Sponsors - Understanding & Managing your Fiduciary Responsibility
on November 20, 2002
presented by Caterpillar Investment Management Ltd.

Employers Blaze New Trails With Consumer-Driven Health Care
on November 13, 2002
presented by Hewitt Associates




Newly Posted Press Releases
(Post Yours!)

Benefit Software Inc. Releases Version 6.12 of Fringe Facts® Communicator
(Benefit Software Inc.)

Successful Strategic Alliance Prompts Launch of Vinings Mellon Nonqualified Benefit Plans and Taxable Trusts Venture
(Vinings Mellon, LLC.)

Alexander Hamilton Institute Releases New Free Report: Whistleblowing: A New Perspective On An Old Issue
(Alexander Hamilton Institute)


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

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