June 20, 2003 - 13,235 subscribers Today's sponsor: APSCREEN, Employee Locator (Click on company name or banner to learn more.) ![]() Benefit Administrators & HR Managers Easily Locate Lost Plan Participants In business since 1980, APSCREEN is a full-service, highly respected Consumer Reporting Agency. We quickly locate current addresses, name changes, and living/deceased status for your lost plan participants and/or past employees. Easily meet IRS/GATT/ERISA compliance regulations for $10 per name within 24 hours and pay no sign-up fees or minimums. "APSCREEN's employee locator service makes our lives so much easier, our industry desperately needs this service!" --Judy Simons, TRI-AD, Escondido, CA (Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor) IRS Regs Provide Automatic Extension for Filing Forms 1099, 5498 Excerpt: "The IRS has issued temporary regulations providing an automatic extension of the time to file information returns using the Form 1099 series and Form 5498, effective June 11, 2003. The temporary rules eliminate the requirement for a signature and an explanation to obtain an automatic extension of time to file these returns." (CCH Pension and Benefits News) GM to Fund Pension Using Proceeds from $13 Billion Corporate Bond Issue Excerpt: "General Motors Corp. said on Friday it will sell about $13 billion in debt and convertible securities, most of which will be used to help shore up its underfunded pension plan and meet healthcare obligations." (Washington Post) Opinion: On Free Trade and Social Security Investment Choices Excerpt: "Chile is the first South American nation to sign, with complete bipartisan support within the country, a Free Trade Agreement with the United States. Now, why do Chilean workers support free trade policies? Because while the nation in the 1970s was initiating its free-trade development strategy it was also establishing a pioneering system of personal retirement accounts as the foundation of its Social Security policy." (The Cato Institute) Links to Items on Executive Comp, Benefits in General Exec Comp Formulas Rejiggered Excerpt: "A number of companies -- including General Electric, Delta Air Lines, and Verizon Communications -- have started removing pension effects from executive compensation formulas. The reason? To ensure that executive bonuses don't suffer because of a decline in plan returns, according to an article in The Wall Street Journal." (CFO.com) Overview: Proposed Regs Issues for ISOs and Employee Stock Purchase Plans (PDF) 4 pages. Excerpt: "The special tax treatment afforded statutory stock options only applies to 'options' for the purchase of 'stock' of a 'corporation.' These definitions have been expanded by the Proposed Regulations as follows ..." (Kilpatrick Stockton LLP) U.S. Gays Head to Canada for Marriage Licenses Excerpt: "An Ontario appeals court last week declared Canada's definition of marriage, as the union of a man and woman, invalid and changed it to a union between two people." (AP via Yahoo! News) U.S. Gays Who Marry in Canada Face Hurdles Excerpt: "Gay Americans who visit Canada to marry may revel in their newfound status there, but they will come home to a confusing patchwork of overlapping jurisdictions and competing laws and are likely to face a struggle for recognition, legal experts say." (New York Times; one-time registration required) Newly Posted or Renewed Job Openings
Group Health Insurance Sales/Account Management for Great West Life & Annuity in PA, TX, WA Employee Benefits Sales Representative for Great West Life & Annuity in MI, MN, NY, OH, TX Qualified Plan Consultant for Benefit Solutions Corp in IL, IN, MN, WI Vice President Medical Management National Sales for Corporate Benefit Services of America, Inc. - Third Party Administrator in FL, MN Benefits Analyst for Global Manufacturing Company Corporate offices near Detroit in MI Senior Communications Specialist for New York Life Investment Management, LLC in MA Administrative Assistant Ref. #TC-14573 for Southern California Edison in CA Benefits Consultant for Beasley & Company in OK Sr. Employee Benefits Customer Service Manager for Great West Life & Annuity in OH Team Leader, Participant Communication Team for Standard Insurance Company in OR Senior Health and Welfare Benefits Administrator for Aerojet in CA Employee Benefits Trust Officer for Regions Financial Corporation in AL FSA Manager for Seeking FSA Manager in MD Employee Benefits Trust Officer (Compliance & Training) for Regions Financial Corporation in AL Newly Posted Conferences (Post Yours!) HIPAA Compliance for Employers -- Shared Strategies and Common Challenges in LA July 29, 2003 Centers for Medicare & Medicaid Services, Workgroup for Electronic Data Interchanges, and Society for Human Resource Management Newly Posted Press Releases (Post Yours!) ARAG Group Adds Robinson as Regional Manager (ARAG Group) Handy Links:
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