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BenefitsLink Retirement Plans Newsletter
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Wolters Kluwer Law & Business brings you ftwPortal Express! [Advert.]
ftwPortal Express, a new member of the ftwilliam.com suite of products, will streamline the document/form collection/dissemination process and provide a secure means to communicate confidential information with clients. Ask us about a demo.
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'Sticker Shock' from New Government Pension Accounting Rules
"The Government Accounting Standards Board [guidelines] will, among other things: List pension funding deficits (estimated to total $2 tril.lion for state and local government plans) on their balance sheets, increasing pressure to either put more money aside for pensions, or cut future benefits."
(Philly.com)
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Defined Benefit Plan Funding in 2012 (PDF)
"As always, the combination of changes in interest rate levels and the value of plan assets will determine whether plan sponsors experience increases in required contribution amounts for 2012."
(Conrad Siegel Actuaries)
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Why the Gap in Women's Financial Literacy Is a Risk to Plan Sponsors
"The gender gap presents consequences that if ignored could end up costing plan sponsors in the long run. The most tangible costs can be broken down into three main categories: 1. Delayed retirement costs . . . 2. Higher Health Care costs . . . 3. Low Return on Investment Associated With Core Benefits"
(BenefitsPro)
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Pension Reform Underway in Maine
"What our budget pension reform package did was reduce the unfunded liability nearly in half, save $338 mil.lion in pension costs this biennium alone, and create NO additional employee contributions."
(Dow Jones Local Media Group, Inc.)
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GAO Testimony: Observations on SSA's Plans for the Social Security Statement
"The Commissioner of SSA should take steps to ensure access to the statement for all eligible workers, including those without Internet access or English proficiency. Doing so will assure that the statement remains an important tool for communicating with all workers about the Social Security program."
(U.S. Government Accountability Office)
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How to Create an Effective Retirement Income Strategy
"The total return investment approach is universally accepted by academic literature and institutional best practices. It's required by the Uniform Prudent Investment Act (UPIA), the Employee Retirement Income Security Act (ERISA), common law and regulations."
(Investopedia ULC via San Francisco Chronicle)
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Benefits in General; Executive Compensation
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Press Releases
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BenefitsLink.com, Inc.
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Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Lois Baker, J.D., President
Holly Horton, Business Manager
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