P&I Retirement Plan Connections Online Conference - Tuesday, December 7
Connect with leading industry experts, your colleagues & solutions providers without leaving your desk. In straightforward language, this online conference will provide time-tested strategies from experts & your peers. Whether your objective is to build your business & best help your clients, or make prudent decisions for your plan participants, this conference will provide the answers you need. Register today FREE of charge.
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[Guidance Overview]
Additional Guidance on Notice of Grandfather Status (PDF)
2 pages. Excerpt: "The most recent set of FAQs provides helpful guidance on the requirements for distribution of notice of grandfather status. It also contains an illustration of how the agencies will apply the 'reasonable good faith' standard with respect to a plan sponsor's interpretation of what constitutes an essential health benefit."
(Buck Consultants)
'Grandfathered' Health Plans: To Stay or Not (PDF)
5 pages. Excerpt: "This policy brief . . . examines what grandfathered plans mean, and explores just how much a grandfathered plan may change over time and still retain its grandfathered status . . . . The authors conclude that there are no clear indicators about whether sticking with a grandfathered plan is the best option -- and therefore these decisions must be evaluated on a case-by-case basis."
(Health Affairs via Robert Wood Johnson Foundation)
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Benefits in General; Executive Compensation
[Guidance Overview]
How Health Care Reform Adversely Impacts Executive Health Care and COBRA Subsidy Arrangements
Excerpt: "Employer-provided COBRA, other medical subsidies, and perquisites affecting medical care are common components of many executive employment and severance agreements. However, . . . many of these arrangements will not comply with the nondiscrimination requirements under the Patient Protection and Affordable Care Act . . . ."
(Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.)
[Guidance Overview]
SEC's Proposed Rules on Say-on-Pay (PDF)
5 pages. Excerpt: "The new votes on executive compensation will be required in proxy statements for shareholder meetings that take place on or after January 21, 2011, regardless of whether the SEC issues final rules by that time, but the vote on golden parachutes will not be required until after the SEC issues final rules.'
(Buck Consultants)
An Analysis of the Accounting Considerations Unique to Nonqualified Plans (PDF)
6 pages. Excerpt: "This article examines a major plan change and the context that is unique to nonqualified plans. With many companies changing their primary company sponsored retirement vehicle from a defined benefit structure to a defined contribution structure, we discuss the tax, accounting, regulatory and design factors that should be considered and evaluated in order to design and implement necessary changes in a nonqualified plan."
(Aon Hewitt)
Crowdsourcing Employee-Benefits Options
Excerpt: "Soliciting employee opinions is one thing, but offering employees actual decision-making power on employee benefits could give employers and their HR leaders the ability to craft more popular programs and, in turn, boost employee-satisfaction levels."
(Human Resource Executive Online)
Employers not More Generous This Holiday Season
Excerpt: "For eight of the past 10 years, gift certificates for food items have been the leading Thanksgiving gift and 2010 is no exception, the survey found. Seven percent of surveyed employers will be giving employees gift certificates this Thanksgiving, "
(PLANSPONSOR.com)
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