Meet some of the biggest pension and welfare benefit celebrities at the Western Benefits Conference! Get the latest on what's going on in the world of pension and welfare benefits from industry experts and IRS officials live in person! The Western Benefits Conference takes place July 18-20 in Los Angeles, CA and is a joint program by the Western Pension & Benefits Conference (WP&BC) and the American Society of Pension Professionals & Actuaries (ASPPA).
For a program listing and to register, visit www.westernbenefits.org today!
401(k) Fee Disclosure and Pension Funding Provisions of H.R. 4213
Excerpt: "Workers should have the right to know how much Wall Street intermediaries siphon off from their savings. Provisions included in H.R. 4213 regarding fee disclosure were based on the 401(k) Fair Disclosure and Pension Security Act, which was authored by Chairman Miller and approved by the Education and Labor Committee last year."
(U.S. House Committee on Education & Labor)
Building a DC Investment Menu in a Changing Risk Environment (PDF)
8 pages. Excerpt: "Limiting investment options . . . to core, growth, and value investment styles in each asset class is likely to be a better selection set for participants than several core options in each class."
(National Association of Government Defined Contribution Administrators)
ERIC Urges Congress to Approve Meaningful Pension Funding Relief (PDF)
2 pages. Excerpt: "We support expanding the current amortization period for pension plans from the current seven year period to either the 2 +7 alternative (for which the first two years, plan sponsors would only owe interest on the payments) or a 15 year amortization option."
(The ERISA Industry Committee)
Political Pandering Over Public Pensions Crosses Party Lines
Excerpt: "This problem plagues public employee pension programs across California. One example: The state contribution to its employees' pensions has risen from $145 million in the 2000-01 fiscal year to $3.5 billion in the upcoming 2010-11 fiscal year."
(Bay Area News Group)
ERIC Urges Solution for PBGC 'Box Check' Issue (PDF)
Excerpt: "We understand that PBGC has recently informed hundreds of plan administrators that they failed to correctly elect the alternative premium funding target in their 2009 PBGC comprehensive premium filing. In addition, plan administrators who believed they had correctly elected the alternative premium funding target for 2008 are only now being informed of the same alleged error in the filing for that year."
(The ERISA Industry Committee)
ASPPA has partnered with the Institute for Pension Plan Management at Indiana University-Purdue University Fort Wayne (IPFW) to offer convenient webcourses leading to a number of credentials, including your QKA and QPA. Registration includes all 7 sessions for each webcourse. Individual classroom or corporate viewing options are available at incredible prices!
Visit www.asppa.org/webcourse for more information and pricing.
Executive Compensation; Benefits in General
ERISA Supreme Court Attorney Fees Case Goes Way of Plaintiffs
Excerpt: "The case is interesting because it poses a common legal issue in ERISA litigation. The court, after pointing out problems with a plan administrator's interpretation of plan terms, remands the case back to the company and the company ends up awarding the initially requested benefits to the employee."
(Workplace Prof Blog)
Workshifting Benefits: The Bottom Line (PDF)
23 pages. Excerpt: "The purpose of this paper is to quantify the benefits of workshifting -- specifically working from home -- has for employers, employees, and the community. Citrix Online coined the term 'workshifting'to describe the growing trend to working from anywhere other than a traditional office through the use of web-based technology."
(Telework Research Network)
Newly Posted Employee Benefits Jobs
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