April 2, 2003 - 13,076 subscribers Today's sponsor: ASPA (Click on company name or banner to learn more.) ASPA--The Association for Retirement Plan Professionals How valuable is the knowledge your staff will acquire from ASPA's exclusive QKA training program? Actually, it's invaluable. Administrators and record keepers who have completed the program say they tap these resources on a daily basis. The most comprehensive 401(k) training program available, QKA helps professionals improve competence and efficiency, while minimizing costly mistakes. QKA from ASPA-- the 401(k) investment that always pays big dividends. Click on the banner above or visit http://www.asppa.org/qka/ for more information. (Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor) Using Projection Models for Public Sector Retirement Issues (PDF) 2 pages. Excerpt: "There are two basic groups of models. Deterministic models assume that the future plays out in a specified manner, often allowing alternative scenarios to be input interactively. Stochastic models use a probability distribution to generate a large number of possible scenarios and provide a range of outcomes. The selection of a deterministic or stochastic model generally depends upon its intended use and target audience." (Milliman USA) 9th Circuit: Transfer of IRA Assets to Pension Plan Did Not Negate State Protection Excerpt: "The transfer of non-exempt IRA assets to an exempt profit-sharing plan immediately prior to the debtor's bankruptcy filing was not a fraudulent conveyance under state law, and the assets in the plan could not, therefore, be attached by the debtor's creditors, the U.S. Court of Appeals in San Francisco (CA-9) has ruled." (HR.CCH.com) Annuities Reference Center Provides Free Online Financial Information An interesting online resource, 'intended for licensed professionals.' Excerpt: "We offer the advisor a much-needed resource providing the latest and best annuity information and products available. If you need a source for quick answers to complicated questions, you are in the right spot." (Annuity Advisors) Boeing Employees' Credit Union Launches Trust Company Excerpt: "The ... Boeing Employees' Credit Union said Tuesday it has launched a financial planning services company called BECU Trust Co. The new unit will offer BECU's members investment management ... and retirement plan rollovers. The credit union said it is the first in the state to provide trust services for its members." (Puget Sound Business Journal via bizjournals.com; one-time registration required) Risk of Stock Value Loss Borne Equally Under QDRO, Court Says Excerpt: "A wife equally shared the risk of loss in the value of her husband's retirement plan assets from which she was awarded a distribution under a qualified domestic relations order (QDRO), the Supreme Court of South Dakota ruled. The case is Duran v. Duran, 657 N.W. 2d 692 (Feb. 12, 2003)." (Thompson Publishing Company) Links to Items on Executive Comp, Benefits in General BenefitsLink Presents Enhanced View of Today's Federal Register Our links to 'Today's Federal Register' on the Benefits Buzz pages now provide you with a modified version of the Federal Register's table of contents: customized 'quick links' at the top of the table of contents tell you at a glance whether anything was published today from the IRS, DOL, PBGC or SEC; if there is, the links take you directly to that agency's listing-- no more scrolling! If you think one or more other agencies should be monitored also, let me know. (BenefitsLink) February 2003 Issue of Benefits Canada Goes Online (Benefits Canada is not affiliated with BenefitsLink, though we generally admire Canadians a great deal.) (Benefits Canada) Stock Options Give American Airlines Employees Some Hope Excerpt: "Most American Airlines employees are probably discouraged these days, because they're facing big cuts in pay and benefits. There's no sugar-coating the pain that's ahead, especially for those who will lose their jobs. But American's restructuring includes one promising feature: stock options for all." (The Fort Worth [Tex.] Star-Telegram) Newly Posted or Renewed Job Openings Conversion Consultant for Primary Consulting, Inc. in ALL STATES Retirement Plan Administrator for National Benefits Consulting Firm in AZ Compliance Analyst for PFPC in MN Newly Posted Webcasts (Post Yours!) Deja vu All Over Again??: The Great Health Debates of 2003 on March 28, 2003 presented by Kaiser Family Foundation Newly Posted Conferences (Post Yours!) Workers' Compensation and its Overlap with FMLA in ALL STATES April 22, 2003 Thompson Publishing Group Form 5500 Update Program (half-day workshop) in CO April 29, 2003 SunGard Corbel Plan Disqualification and Correction Program (half-day workshop) in CO April 29, 2003 SunGard Corbel 401(k) Update Program (8:30 am - 4 p.m.) in CO April 30, 2003 SunGard Corbel Primer on Defined Benefit Plans in ALL STATES April 23, 2003 Thompson Publishing Group Designing Retirement Plans for the Small Employer in FL April 22, 2003 Employee Benefits Council of Central Florida Newly Posted Press Releases (Post Yours!) Boeing Employees' Credit Union (BECU) Introduces New Trust Company (BECU Financial Services (BECUFS)) Atlanta Company Continues To Grow Despite Down Economy (PurchasingPower) Firms Partner to Provide Solo(k) Illustration Tool (401khelpcenter.com and Pensiononline.com) Movers and Shakers: Newly Posted Announcements of Promotions and New Personnel (Post Yours!) Kirt Greenburg (PurchasingPower) Handy Links:
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