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February 7, 2008

Here are the Web's best new links about compliance and cost aspects of plan operation, design and policy.

Today's sponsor is SunGard

(Click on company name or banner to learn more.)
Banner ad for SunGard

SunGard's Relius Government Forms 1099/W-2 Outsourcing Service

Why buy additional forms, print and stuff envelopes, or pay for postage when you can have Relius Government Forms 1099/W-2 Outsourcing Service electronically file and mail your 1099/W-2 forms for only $1.77 per recipient copy?

Learn more. 800-326-7235, Ext. 1100

[Guidance Overview] Draft of Practice Note for Multiemployer Plan Actuarial Certifications under the PPA (PDF)
10 pages. Excerpt: "The Multiemployer Plans Subcommittee has developed a draft practice note to help actuaries preparing actuarial certifications for multiemployer pension plans under the PPA. The period for submitting comments on the draft ended Jan. 27." (American Academy of Actuaries)

Gender Found to Play Strong Role in Receipt of Pension Benefits
Excerpt: "Gender has been found to play a 'particularly strong' role in determining whether or not workers over age 50 were receiving pension benefits in retirement, according to a study by the Employee Benefit Research Institute (EBRI). The EBRI study evaluated the impact of demographic factors such as gender, age, education, and marital status on the likelihood a worker would receive employment-based retirement income." (CCH Pension and Benefits)

Three Ways to Protect Your 401(k) in a New Job
Excerpt: "When you leave a job, you have the option of taking the money in your 401(k) plan and spending it without paying early withdrawal penalties. Unfortunately, you will have to pay taxes on the money you withdraw -- and the money might push you into a high tax bracket, making the hit even worse. What's more, you'll give up the potential for future tax-deferred growth on those savings. In short, you'll be shooting yourself in the foot." (

Georgia-Pacific Demands $76K in Pension Overpayments from Retiree
Excerpt: "A former Georgia-Pacific employee has sued the company and its pension plan claiming the plan is now improperly demanding the 73-year-old return $76,220 in overpayments." (; free registration required)

[Opinion] ASPPA Comments on Automatic Contribution Arrangement §401(k) Plans (PDF)
7 pages. Excerpt: "The American Society of Pension Professionals & Actuaries (ASPPA) appreciates this opportunity to comment on the proposed regulations released for Automatic Contribution Arrangements (ACA) under 26 CFR Part 1 (Reg - 133300-07) (Proposed Regulations)." (American Society of Pension Professionals & Actuaries)

[Opinion] American Benefits Council Comment Letter Regarding Proposed Automatic Enrollment Regulations (PDF)
Excerpt: "As discussed in more detail in our preliminary comment letter filed December 17, 2007, the Council urges the Treasury Department and the Internal Revenue Service (collectively, Treasury) to promptly issue guidance clarifying that plans may rely on a reasonable, good faith interpretation of the automatic enrollment provisions of Code Section 401 (k)(13) and 414(w) pending the effective date of final regulations." (American Benefits Council)

Sponsored by: SIMFA Securities Industry and Financial Markets Association

(Click on company name or banner to learn more.)
Banner ad for SIMFA Securities Industry and Financial Markets Association

SIFMA Savings and Retirement Conference, February 28-29, 2008, The Fairmont, Washington, DC

Attend this conference and hear about policy and business developments that will enhance your firm's efforts to help investors save for and live comfortably in retirement. Invited speakers include nationally known leaders in the industry and the state and federal policy arena. Key areas of focus for the conference include: Investment Adviser vs. Broker-dealer, Regulator roundtable discussion on financial services and the baby boomers, Fee Disclosure: Reform or Revolution?, The 403(b) Marketplace: Who's Staying, Who's Going and Beneficiary Distribution Issues. To register, click here.

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

Links to Items on Executive Comp, Benefits in General

[Guidance Overview] The International Implications of §409A and its Impact on Multinational Companies
6 pages. Excerpt: "Deferred compensation arrangements issued by foreign-owned operations or by US companies with operations abroad were not originally exempt from the application of §409A. However, under proposed and now final regulations issued by the IRS, there are exemptions that apply which are geared towards limiting the effect of §409A on non-resident aliens and US citizens or residents who participate in non-US plans." (Benefits & Compensation International via Faegre & Benson LLP)

Chart Showing Compensation Costs in State and Local Government Up 4.1 Percent in 2007
Excerpt: "Benefit costs increased 5.5 percent for the 12-month period ended December 2007 compared to 5.2 percent for the previous year." (U.S. Bureau of Labor Statistics)

Newly Posted Events
(Post Yours!)

National Conference - "Putting Process Into Practice"
in North Carolina on May 7, 2008
presented by Fiduciary360 (fi360)

Pension Focus 2008
in Missouri on May 15, 2008
presented by Pension Focus

SIFMA Savings and Retirement Conference
in District of Columbia on February 28, 2008
presented by SIFMA Securities Industry and Financial Markets Association

Newly Posted Press Releases
(Post Yours!)

BenefitStreet Names Jerry Bramlett Chief Executive Officer
BenefitStreet, Inc.

401kDIRECT Creates CIF Marketplace - Open for All

More Than Money; Survey Finds Salary Is Top Draw for Job Candidates but Benefits Nearly as Popular
Robert Half International

We're one of the top 350 employment sites on the web!Newly Posted or Renewed Job Openings
(Post a Job | View All Jobs | RSS feed for jobs RSS Feed )

Vice President - Institutional Sales
for Eagle Asset Management

401(k) Administrator
for TSP Associates, Inc.
in CA

Account/Client Service Manager (TPA) - Las Vegas
for Zenith Administrators
in NV

Sales Representative
for SunGard Inc.
in FL

Education Specialist
for Citi
in NJ

Lead Benefit Systems Analyst
for Citi
in FL

Institutional Services Employee Benefit Operations Administration Analyst II
for BB&T
in SC

Associate Director Of Marketing
for Emeriti Retirement Health Solutions
in NY

Vice President, Client Services
for Sentinel Benefits Group
in MA

Senior Benefit Plan Administrator
for M Benefit Solutions
in OR

Senior Vice President - Implementation Services
for CitiStreet
in MA

CRTNJ - Communications Manager
for CitiStreet
in NJ

Plan Consultant Opportunity
for Weaver Partners, Inc.

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