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May 18, 2004 - 13518 subscribers
Today's sponsor: Actuarial Systems Corporation

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

ASC - QUALITY SOFTWARE FOR THE PENSION INDUSTRY FOR OVER 20 YEARS
ASC provides complete automation for the pension office, including:
DC/401(k) and DB administration and valuation systems, sophisticated
Compliance Testing, DV Direct Daily Valuation, Advanced Information
Manager Database (AIM), and Single-Step Processing. All ASC Technical
Support Members were experienced Pension Administrators or Actuaries
before joining ASC -- and most have been with ASC for over 10 years.

(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)
Administration Unveils Campaign On Employers' Retirement Plan Obligations
Excerpt: "A new Labor Department campaign will attempt to educate employers and retirement plan sponsors about their legal obligations to employees and retirees. The campaign, called 'Getting it Right,' includes seminars scheduled next month in Florida, Ohio, Massachusetts and Arizona." (AP via Sioux City Journal)

U.S. Secretary of Labor Elaine L. Chao Announces National Education Campaign for Retirement Plan Fiduciaries
(U.S. Department of Labor, Office of Public Affairs, Washington, D.C.)

Participate in Online Survey of Retirement Plan Trustees
Excerpt: "Both the scope and the success of retirement plan investing-- especially shareholder activism-- seem to be expanding. But what is the average retirement plan trustee thinking about all this activity? To help answer that question, Villanova University's Center for Responsible Leadership & Governance is looking for insights from those responsible for pension plan investing, though an online survey. Respondents will have access to the survey's results." (Villanova University's Center for Responsible Leadership & Governance)

Overview: DOL Announces Proposed Settlements in Enron Litigation
Excerpt: "EBIA Comment: As the press release indicates, this is only a partial settlement of these lawsuits. The DOL lawsuit includes allegations that the defendants failed to consider the prudence of Enron stock as an appropriate investment for the plans and failed to take action to protect workers and retirees from extensive losses, and that the board of directors failed to properly appoint and monitor a trustee for the ESOP." (Employee Benefits Institute of America Inc. (EBIA))

Union Bank of Calif. buys CNA Trust Portfolio
Excerpt: "Union Bank of California is the commercial banking subsidiary of UnionBanCal Corp. CNA Trust Co. is a provider of retirement plan trust and outsourcing services to the institutional marketplace. CNAT is a subsidiary of Chicago-based CNA Financial Corp." (UPI via Washington Times)


Links to Items on Executive Comp, Benefits in General

New Search Engine for BenefitsLink; Faster, More Comprehensive, More Options
And it's about damned time. We're still improving this one; more features to come! Feedback appreciated at davebaker@benefitslink.com (BenefitsLink.com, Inc.)


Newly Posted Events

For Advisors: How PLANSPONSOR Can Help You Expand Your Business
Nationwide on May 27, 2004
presented by PLANSPONSOR

Form 5500 Preparation Workshop
in District of Columbia on June 9, 2004
presented by International Society of CEBS - Capital Chapter

PLANSPONSOR Pathfinder Demo
Nationwide on May 25, 2004
presented by PLANSPONSOR

Ten Tips for a Successful Search
Nationwide on May 20, 2004
presented by PLANSPONSOR

Update on Recent HSA Guidance
Nationwide on June 3, 2004
presented by International Foundation of Employee Benefit Plans
Newly Posted Press Releases

Benefit Advisors Network Adds Dominion Benefits
(Benefit Advisors Network)

New Retirement Planning Software Update Addresses Long Term Care
(Metrics Partners)

American Express Retirement Services Debuts NEXTPlan
(American Express Retirement Services)
Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Pension Administrators/Consultants
for Pension International Dynamics, Inc.
in NY

Plan Document Consultant
for Diversified Investment Advisors
in NY

Benefits Manager (Service Delivery Manager)
for Towers Perrin
in VA

Actuarial Associate- Retirement
for Towers Perrin
in CT, DC, GA, MA, NJ, NY, PA

Director of Retirement Plan Sales and Marketing
for The Ganim Group, Inc.
in CT

Senior Benefits Consultant
for Hewitt Associates
in LOCATION OTHER THAN U.S.

401(k) Plan Administrator
for Pension Services Network, Inc.
in WI

Director Financial Control, Output Services and Tax Reporting
for ADP Retirement Services
in NH

Defined Benefit Client Account Manager
for New York Life Investment Management LLC
in MA

Account Manager
for Wall Street Access
in NY

Account Executive-San Mateo
for Transamerica
in CA

Retirement Plan service associate
for West Los Angeles
in CA

HR Benefit Services Manager
for Safeco Life & Investments
in WA

Account Manager for Employee Benefits Consulting Brokerage Firm
for Madison Benefits Group
in TX

Pension Administrator
for PennRock Financial Advisors, N.A.
in PA

Health Benefit Analyst
for Conrad Siegel Actuaries, The Employee Benefits Company
in PA

Regional Sales Director - Mid Atlantic Region & Pacific West Region
for The Newport Group
in CA, NC

Retirement Plan Sales Consultant
for Invesmart, Inc.
in CT, MA, MD, ME, MI, NH, NY, OH, RI, VA, WI


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