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June 20, 2006
Today's sponsor: Benefit Software Inc.

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Banner ad for Benefit Software Inc.

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

Chances are they don't. We can help.

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.

Email or call 800-533-1388 to request free samples.

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

Text of IRS Notice 2006-59: Payments Under Leave-Sharing Plan in Presidentially-Declared Disasters (PDF)
6 pages. Excerpt: "The IRS will not assert that a leave donor who deposits leave in an employer-sponsored leave bank under a major disaster leave-sharing plan realizes income or has wages, compensation, or rail wages with respect to the deposited leave, provided that the plan treats payments made by the employer to the leave recipient as 'wages' for purposes of FICA, FUTA, and income tax withholding ..." (Internal Revenue Service)

Changes in Employer-Sponsored Health Insurance, 1998-2003
Excerpt: "More workers are declining employers' offer of health insurance. Nationally the percentage of eligible private-sector workers that accept their employers' offer of individual health insurance declined five percentage points (from 85.3 percent to 80.3 percent) from 1998 to 2003.' Target page includes link to the full 45-page document. (Robert Wood Johnson Foundation)

Judge Throws Out Charges of Improper Practices in Paying Physicians
Excerpt: "U.S. District Judge Federico Moreno on Monday dismissed all claims that remained against UnitedHealth Group and Coventry Health Care in a class-action lawsuit filed on behalf of more than 700,000 physicians nationwide, the Wall Street Journal reports." (

Capping Drug Benefits May Lead to Unintended Consequences, Study Concludes
Excerpt: "Even if caps lower a plan's pharmacy costs, those savings may be offset by increases in other health care costs associated with emergency room visits and hospitalization." (Deloitte via

Links to Items on Executive Comp, Benefits in General

An Aging Workforce's Effect On U.S. Employers
Excerpt: "Some companies have set up a Casual Worker Program that allows them to hire or reemploy workers who would receive limited benefits and no pension. Others invite grandparents to work in the company child-care center, and some offer special health screenings pitched to older workers, such as bone density tests." (Forbes)

Newly Posted Events
(Post Yours!)

Health Law Compliance Seminar
in West Virginia on July 19, 2006
presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

Webcast: Examining IRS Examinations and Enforcement: How to Get Out of an IRS Plan Audit Alive
Nationwide on June 29, 2006
presented by ASPPA (American Society of Pension Professionals & Actuaries)

Newly Posted Press Releases
(Post Yours!)

Corporate Directors Give Executive Pay Model Mixed Reviews, Watson Wyatt Survey Finds
(Watson Wyatt)

National Business Coalition On Health Announces New Board Officers
(National Business Coalition on Health)

The College of Pension Actuaries' 2006 Actuarial Conference
(College of Pension Actuaries)

Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Pension Administrator
for Preferred Pension Planning Corporation
in NJ

401(k) Coordinator
for Beneco, Inc.
in AZ

Licensed Call Center Representative - Financial Services
for Wealth Management Systems Inc
in NJ

Senior Plan Administrator
for PRB Administrators Incorporated
in NY

Benefits Analyst
for Blue Cross Blue Shield of Florida
in FL

Retirement Plans Administrator
for Oakwood RPS
in WI

Assistant Manager - Benefits
for American Honda Motor Co., Inc.,
in CA

Health and Benefits Consultant
for Mercer Human Resource Consulting
in CT

Service Delivery Project Manager
for The Newport Group
in FL

401(k)/DC Administrator
for CMC Retirement and Employee Benefits Specialists, Inc.
in CA

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