Text of PBGC Final Rule: Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Paying Benefits (PDF)
"This final rule amends the [PBGC] regulation on Benefits Payable in Terminated Single-Employer Plans to prescribe interest assumptions under the regulation for valuation dates in June 2011." (Pension Benefit Guaranty Corporation)

See ftwilliam.com’s Form 5500 Software in Action! [Advert.]

Find out what made ftwilliam.com a success last year by signing up for one of our FREE 5500 software webinars. We’ll cover conversion, streamlined data entry, edit checking, workflow and different e-filing methods, including our integrated web-portal.

Unilateral Transfer of Participant Assets from Stable Value Fund Complied with QDIA Regs
"The plan sponsor effectuated the transfer only after notifying the participants of the change and providing them with an opportunity to retain their prior investment." (Wolters Kluwer Law & Business)

Congressional Democrats Want Agencies to Revise Fiduciary Rule
"The rule would redefine the term 'fiduciary' in the Employee Retirement Income Security Act of 1974, also known as ERISA. They say the new definition would have a negative impact on the accessibility of valuable financial education and information, and would increase the cost and choice of financial advice for consumers." (AccountingToday and SourceMedia, Inc.)

Annuity Payout Options: How to Decide?
"Prior to the time annuity payments are to commence for any annuitant, most insurers will contact the retiree to provide information about potential settlement options and to try to educate the annuitant about the ramifications of the various settlement options available." (Morningstar Advisor)

What Does OPR Require of ERPAs? [Advert.]

Live at the ERPA Conference, June 2-3 in LA: Karen Hawkins, Dir. IRS Office of Professional Responsibility, answers ALL your questions about obtaining and maintaining the ERPA credential - continuing ed., OPR requirements, ethics expectations, more!

Florida Legislature's Public Pension Changes
"When the bills become law . . . they will be effective July 1, 2011." (Cypen & Cypen)

Web-Based Retirement Planning Guide: Money for Life
"This free retirement planning guide will help you develop reliable sources of retirement income that cover your expenses for a good life, no matter how long you live, and no matter what happens in the economy." (Rest-of-Life Communications/Steve Vernon)

Testimony from May 10, 2011, Hearing on Perspectives on Deficit Reduction: Social Security
The target page links to member statements and witness testimony. (U.S. Senate Committee on Finance)

Protecting Private Pensions and the Public Interest: Solutions for the Shortfalls in Employer-Sponsored Defined-Benefit Plans (PDF)
"Addressing so-called legacy costs is essential to protecting the solvency of these plans, the retirement security of the workers they cover, and the taxpayers who could be on the hook if the federal pension insurance program is unable to cover future losses without external financial assistance." (Milken Institute)

California Court Rules for Disclosing Public Pension Amounts
"The San Francisco Chronicle reports that the Third District Court of Appeal in Sacramento said the names, benefits and work histories of Sacramento County retirees are public information not protected by California privacy laws." (PLANSPONSOR.COM)

CalPERS Responds to Pension Reform Proposal
"Specifically, CalPERS opposed the suggestions in [the California Foundation for Fiscal Responsibility]'s Alternative A proposal to eliminate health benefits for spouses and dependents of retirees when a retiree turns 65 and that retirees be in an exclusive risk pool . . . ." (PLANSPONSOR.COM)

Multiemployer Review: 2011 Key Administrative Dates and Deadlines (PDF)
Administrative chart for calendar-year multiemployer defined benefit retirement plans. (Milliman, Inc.)

Aon Hewitt's Global Pension Risk Survey: U.S. Plan Sponsor Report (PDF)
"Our U.S. plan sponsor report finds transformation taking place in the attitudes, strategies, and governance practices of pension plan sponsors. Learn more about this transformation, and how it may represent one of most important shifts in pension plan investment management practices since the 1980s." (Aon Hewitt)

GAO Report: Federal Workers' Compensation Issues Associated with Changing Benefits for Older Beneficiaries
Testimony before the Subcommittee on Workforce Protections, House Committee on Education and the Workforce, May 12, 2911. 'In summary, we have reported that the perception that many retirement-age beneficiaries were receiving more generous benefits on FECA had generated two alternative proposals to change benefits once beneficiaries reach the age at which retirement typically occurs . . . ." (U.S. Government Accountability Office)

Are 401(k)s Plus Annuities All That New?
"Well, no, it isn't. In the past many employers sponsored traditional defined benefit (DB) pension plans, which provided much the same type of benefit: a stream of lifetime income at retirement, with the flexibility of a variety of payment options." (Milliman, Inc.)

Text of SEC Proposed Rule; Notice of Intent for Investment Adviser Performance Compensation (PDF)
"[SEC] intends to issue an order that would adjust two dollar amount tests in the rule under the Investment Advisers Act of 1940 that permits investment advisers to charge performance based compensation to 'qualified clients.'" (U.S. Securities and Exchange Commission)

Estoppel Claims Can Prevail Over Unambiguous Plan Language
"In Stark v. Mars, the district court engaged in a thoughtful analysis of several important ERISA legal theories for relief in the context of the defendants' motion to dismiss. The case involved the all too common scenario of a plan participant who was informed that her benefits would be at a level that exceeded what the plan ultimately paid." (Roy Harmon III / Health Plan Law)

New Compensation Restrictions Coming for Colleges and Universities (PDF)
"An IRS official recently stated that long-awaited regulations under Section 457 of the Internal Revenue Code, first announced in 2007, are in clearance and may be issued as soon as September 2011. These regulations will require that all exempt organizations, including colleges and universities, review and potentially revise their employment, severance and deferred compensation agreements to avoid tax penalties." (Vorys, Sater, Seymour and Pease LLP)

DOL Considers Updating Nearly Decade-Old E-Delivery Standards for Employee Benefit Plan Information
"Some of the advantages of electronic delivery are that it is typically more cost effective and less burdensome to administer than paper-based systems, allows for more timely communication, and is environmentally friendly." (McguireWoods LLP)

Consideration of Changes to DOL's Electronic Disclosure Rules
"EBSA has also asked for feedback on whether the rules should include different rules for different types of benefit plans, disclosures, or recipients, and whether electronic disclosure should be encouraged or required." (Verrill Dana, LLP)

Some Employers Create a 'Brand' for Their Work/Life Programs Using Communication Successfully
"[At one company, employees have individual dashboards on a web] site they can access securely at any time to check their performance metrics. As long as they're meeting those metrics, no one is going to be checking to see whether they're in the office . . . ." (Human Resource Executive Online)

Delaware 8th State to Grant Same-S.ex Couples Legal Protections
"[The Delaware Governor] has signed a bill into law that gives same-s.ex couples legal protections and recognition beginning in 2012." (CBS Interactive Inc.)

Mercer Provides Checklist For Defined Benefit Plan Sponsors Looking To Improve Program Efficiency And Effectiveness
(Mercer)

Web-Based Retirement Education Guide Launched
(Rest-of-Life Communications)

Aspen Publishers

Pension Administrator-DB
for Phoenix Based Retirement Plan Administration Firm in AZ

ERISA Litigation Associate
for Trucker Huss, A Professional Corporation in CA

Relationship Mgr II/III
for The Standard in LA

RTW/ SAW Product Marketing Analyst
for The Standard in OR

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ACOs: A Midwest Perspective (Co-sponsored by Payers & Providers)
in California on June 2, 2011 presented by MCOL

ACOs: Analyzing Medicare Risks & Commercial Opportunities
in California on July 14, 2011 presented by MCOL