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June 7, 2006
Today's sponsor: Benefit Software Inc.

(Click on company name or banner to learn more.)
Banner ad for Benefit Software Inc.

Do your employees know the value of their employer paid benefits?

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Benefit Software has over 25 years of experience helping thousands of employers communicate the full value of their benefits. From traditional personalized printed statements to secure 24/7 employee benefits communication portals, we have the right solution for your organization.

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(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)

Accounting Treatment for Medicare Part D, Updated June 6, 2006
Excerpt: "The objective of this project is to provide guidance on how to report payments received from the federal government for pres.cription drugs benefits under the retiree drug subsidy option of Medicare Part D." (Governmental Accounting Standards Board)

IRS to Make Dependent Care Less Taxing
Excerpt: "With an eye toward compliance, employers that offer dependent care assistance programs or flexible spending accounts should carefully review new, more generous proposed rules (http://edocket.access.gpo.gov/2006/pdf/E6-7390.pdf) from the Internal Revenue Service, which would apply to taxable years ending after they are finalized." (BenefitNews Connect)

Know Your Alphabet Soup: The FMLA Is Not the Same as the ADA (PDF)
Page 2 of 2 pages. Excerpt: "The case of Hurlbert v. St. Mary's Health Care System, Inc., decided earlier this year by the Eleventh Circuit Court of Appeals, Florida's top federal appellate court, had good news and bad news for the defendant-employer." (Porter Wright Morris & Arthur LLP)

Study Shows Rising Health Care Premiums Lead to Lower Wages and More Part-Time Employment
Excerpt: "In an important new study forthcoming in the July issue of the Journal of Labor Economics, Katherine Baicker (University of California, Los Angeles) and Amitabh Chandra (Harvard University) demonstrate that the rise in health insurance premiums may increase the ranks of the uninsured and the unemployed by as many as 7 million workers." (Medical News Today)

New Hampshire Governor to Sign Health Insurance Coverage for Ill Students
Excerpt: "New Hampshire Gov. John Lynch said he will sign legislation passed last month that will allow seriously ill college students to continue coverage under their parents' group health insurance policies even if they can't maintain full-student status." (Business Insurance)

Wisconsin Fails to Pass HSA Tax Break Bill
Excerpt: "The Wisconsin Assembly last week failed to override Gov. Jim Doyle's veto of legislation that would have amended Wisconsin law to conform with federal law that gives tax breaks to health savings accounts." (Business Insurance)


Links to Items on Executive Comp, Benefits in General

Survey: S&P 500 2005: Pensions and Other Post Employment Benefits
Excerpt: "The data used in this report were compiled from Standard & Poor's Compustat and Stock Guide database, and are based on SEC filings. Data for 2005 is preliminary. The constituents used consist of the current S&P 500 membership, and the data represent the latest fiscal values. [A link to the 37 page PDF of the report is listed under the News & Analysis section on the target page.]" (Standard & Poor's)

Welcome to BenefitsLink advertiser CCA Strategies LLC
Excerpt: "CCA Strategies LLC is a leading provider of retirement plan and healthcare consulting services with offices in Atlanta, Boston, Chicago, Dallas, Denver, Jacksonville, Los Angeles, New York, San Francisco and St. Louis. Areas of expertise include: compliance, employee communication, executive compensation, financial modeling, health and welfare, health improvement programs, HR administration and retirement plans." (BenefitsLink.com)


Newly Posted Events
(Post Yours!)

Corporate Benefits Summit Fall 2006
in Virginia on September 10, 2006
presented by marcus evans

Disease Management and Wellness: A Foundation for Cost Management
in Pennsylvania on June 14, 2006
presented by Central Pennsylvania Chapter - ISCEBS

Webcast: Executive Compensation: Strategy, Design, and Implementation
Nationwide on June 22, 2006
presented by ALI-ABA (American Law Institute-American Bar Association)


Newly Posted Press Releases
(Post Yours!)

President Selects New Members of PBGC Advisory Committee
(Pension Benefit Guaranty Corporation (PBGC))

Almost 45 Percent of Households 'At Risk' of Falling Short in Retirement
(Center for Retirement Research at Boston College)

New Course Covers Public Sector Defined Contribution Plans
(International Foundation of Employee Benefit Plans)

SHPS Publishes Guide for 'Making Consumerism Work'
(SHPS)

ERI Economic Research Institute and CareerJournal.com Report a 41.3 Percent Rise in Executive Compensation
(ERI (Economic Research Institute))


Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Retirement Plan Administrator
for Applied Plan Administrators LLC
in MI

OmniPlus Consultants
for Chesapeake Benefit Partners
in ANY STATE

401(K) Administrator
for PenSys, Inc.
in CA, NV, OR

Lead Conversion Representative
for Merrill Lynch
in NJ

Retirement Plan Administrator
for Noble Consulting Services, Inc.
in OH

Major Accounts Retirement Services District Manager
for ADP
in WA




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