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Register for ASPPA’s Spring Exams!
ASPPA’s Education and Examination programs provide affordable and convenient ways of earning credentials and Continuing Professional Education (CPE) credits. Register before April 14 at asppa.org/education to save money with the "early bird" discount
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Illinois County Leader to Form Panel on Pension Abuses
"In one key area, the committee will focus on 'pension spiking,' where a special payout for accrued sick time, vacation days and other benefits is added to the employee's final salary to determine the pension . . . ."
(Chicago Tribune)
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[Opinion]
401(k) Plans Are Designed for Mediocrity
"The other funds offered in a 401(k) normally are a mix of large cap, midcap and small cap, bonds and international funds. The reason for this small, diverse group of funds is to allow people to create an asset allocation model based on the efficient market theory -- which is blatantly false."
(TheStreet.com, Inc.)
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Benefits in General; Executive Compensation
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[Guidance Overview]
Should Employees Joining a Start-Up Make a 'Section 83(b) Election' on Restricted Stock Awards?
"One drawback to making a Section 83(b) election is that since the stock is not vested when the election is made, the stock may be forfeited. The consequence of forfeiting restricted stock with respect to which a Section 83(b) election was made is simply that the recipient paid tax on unrealized income and the tax paid cannot be recouped through a subsequent deduction."
(Michael Best & Friedrich LLP)
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The Epsilon Email Breach: Why HR and Benefits Managers Should Care
"This breach emphasizes the need for employers, especially HR and benefit managers, to perform diligence and contract appropriately with all service providers handling personal information on behalf of the organization, even if the information held isn't traditionally viewed as sensitive."
(Poyner Spruill LLP)
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Employee Benefits Update, April 2011 (PDF)
The five-page newsletter presents select compliance deadlines and reminders; retirement plan developments; and, health and welfare plan developments.
(Reinhart Boerner Van Deuren s.c.)
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Press Releases
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