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BenefitsLink
Retirement Plans
Newsletter
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April 25, 2003 - 13,101 subscribers
Today's sponsor: Thompson Publishing Group, Inc.

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

"DOL's Proposed FLSA Exemption Changes" audio conference 5/1/03 * 2:00 p.m. ET
Are you ready for lengthy personnel audits?  Ready to reevaluate
wage and hour decisions?  Ready to rethink current payroll systems?
Have you started considering how your compensation practices,
personnel policies and employee manuals should be changed if/when
the proposed regulations become final?
Two leading employment law/FLSA experts, Daniel B. Abrahams, Esq.,
and Shlomo D. Katz, Esq., will bring you up-to-speed with the answers
to these questions and more.

(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)
Ways and Means Subcommittee to Address Pension Plan Funding
Excerpt: "The focus of the [upcoming April 30, 2003] hearing is to discuss the funding rules related to defined benefit pension plans and evaluate proposals for replacing the 30-year Treasury rate that is used in pension plans calculations." (U.S. House of Representatives, Committee on Ways and Means)

Ways and Means Subcommittee to Examine Interaction of Social Security, Public Pension Plans
Excerpt: "The Subcommittee will examine why ] the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP)] were enacted, how they work and options for their modification or repeal. Implications of mandatory coverage of such employees will also be examined. Finally, the Subcommittee will determine how modifications to current law would affect beneficiaries, the budget and solvency of the Social Security Trust Funds." (U.S. House of Representatives, Committee on Ways and Means, Subcommittee on Social Security)

Retirement Income: Intergenerational Comparisons of Wealth and Future Income
85 pages. Excerpt: "To gain an understanding of what today's workers might expect to receive in terms of retirement income, GAO was asked to examine ... how workers from the Baby Boom and Generation X compare in terms of the pension and Social Security benefits they can expect to receive, and ... the likely distribution of pension and Social Security benefits across workers within the Baby Boom and Generation X." (U.S. General Accounting Office)


Links to Items on Executive Comp, Benefits in General

A Shopper's Guide to Web-Based Tax Research
Excerpt: "[H]ow do you choose among the many available products? Before making a decision on selecting a subscription service, here is some background you need to know." (Journal of Accountancy)

Under Fire for Perks, Chief Quits American Airlines
Excerpt: "After a week of sharp criticism from unions about executive benefits, Donald J. Carty resigned yesterday as chairman and chief executive of American Airlines, which continued to struggle to avoid a bankruptcy filing." (New York Times; one-time registration required)

Verizon Retirees Defeat Company at Annual Meeting Winning
Press release. Excerpt: "By a margin of 59 to 41 percent retiree members of the non-profit Association of BellTel Retirees Inc. were victorious in its efforts to get executives to trim what retirees call overly generous executive compensation packages and golden parachutes." (The Association of BellTel Retirees Inc.)

Welcome to new BenefitsLink advertiser MK Recruiting
Excerpt: "MK Recruiting provides contingency recruiting of permanent placement hires and outplacement services to companies in the Retirement Plan and Benefits Administration industry. We are affiliated with a network of over 350 offices nationwide specializing in a variety of industry groups. MK Recruiting is a division of MK Consulting, Inc. which has provided consulting services in the retirement plan industry for over ten years."


Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

401(K) Administrator
for Caribbean Pension Consultants, Inc.
in FL

Project Manager - New Business Installation
for Transamerica
in CA

Communication Consultant
for Aon Consulting
in MD

Communication Specialist
for Aon Consulting
in MD

Vice President Medical Management National Sales
for Corporate Benefit Services of America, Inc. - Third Party Administrator
in FL, MN

Health and Welfare Analyst
for Aon Consulting
in MD

Senior Plan Administrator
for Clark, Schaefer, Hackett & Co.
in OH

401(k) Plan Administrator
for AAS Pension Services
in AZ
Newly Posted Conferences
(Post Yours!)

EPCRS and the New Rev Proc - an IRS Presentation
in CA
May 13, 2003
Sacramento Chapter of NIPA

"Benefits...And All That Jazz!"
in CA
May 16, 2003
San Diego Chapter of the Western Pension & Benefits Conference
Newly Posted Press Releases
(Post Yours!)

Karen Warlin Joins BeneCom as Regional Communication Consultant
(BeneCom Associates, LLC)


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