ASPPA

Government Retirement Plan Wholesaler
for AXA Equitable in AK, AZ, CA, HI, ID, NM, NV, OR, WA, WY

ERISA/Health and Welfare Benefits Attorney
for Krieg DeVault in GA

Defined Benefit Client Consultant
for Diversified in MA

Senior Relationship Manager
for MassMutual Financial Group in CA

Post Your Job on EmployeeBenefitsJobs.com

View All Jobs

RSS Feed: All Jobs

Forces of Change: New Strategies for the Evolving Health Care Marketplace
in Massachusetts on September 10, 2012 presented by Harvard School of Public Health Center for Continuing Professional Education

HSAs: Passing Fad or Wave of the Future?
Nationwide on February 7, 2012 presented by Seyfarth Shaw LLP

IRS Guidance on Reporting 2010 Roth IRA Rollovers and Conversions and 2011 Distributions
"The taxpayer may have to include in 2011 income all or some of the taxable amount of the 2010 rollovers and conversion to a Roth IRA and in-plan Roth rollovers that would have otherwise been included in 2012 income. To determine the amount to report in 2011, the taxpayer must complete the 2011 Form 8606, using Part III, for distributions from a Roth IRA and Part IV, for distributions from a designated Roth account." (Wolters Kluwer Law & Business / CCH)

Web Based Plan Design System. Simple and Affordable.   [Advert.]

Use LIMITED CENSUS DATA and a FIVE MINUTE UPLOAD to create a side-by-side analysis of various retirement plans: Integrated, Age Weighted, New Comparability, Cash Balance, and 401k. At a glance, assess financial and tax advantages and identify an optimal solution. Learn more.

Reminder of Annual Requirements for Investment Managers (PDF)
"There are . . . changes on the horizon under [ERISA] and related [DOL] regulations that are important to Investment Managers that accept clients who are ERISA plans or that manage private funds that are subject to ERISA." (Winston & Strawn LLP)

Court Finds No Proof of Benefits Interference by Duke Energy
"The 6th U.S. Circuit Court of Appeals has found no proof that Duke Energy interfered with the early retirement benefits of a laid off employee. In affirming a lower court's summary judgment ruling, the appellate court found [the] claim under [ERISA] fails because he did not made a prima facie showing of 'the existence of (1) prohibited employer conduct (2) taken for the purpose of interfering (3) with the attainment of any right to which the employee may become entitled.'" (PLANSPONSOR.COM)

PBGC Responds to American Airlines' Letter on Employee Pensions
"The American letter also downplayed the pension cuts that would occur if American's plans are terminated and PBGC benefits are substituted. Although the figure appears nowhere in the management letter, the airline itself estimates that some 13,000 current or retired employees will have their pensions cut." (Pension Benefit Guaranty Corporation)

The Best Way 401(k) Plan Sponsors Can Benchmark Their Plans
"We've established the concept of creating a Fiduciary Report Card to facilitate this process. Now comes the question of exactly what kinds of structures and procedures should a 401k plan sponsor invoke to benchmark their plans." (Fiduciary News)

Don't Let Your Retirement Plan Become an Orphan
"An 'orphan plan' is defined as a plan that no longer has a plan sponsor. The sponsor may have disappeared because of bankrup.tcy or merger, but the primary factor leading to the 'orphan' status is that the reported plan sponsor is no longer in existence." (Fox Rothschild LLP)

How Much Do 401(k)s Cost the Treasury?
"What's a reasonable number? Our estimate . . . is between $50 and $70 bil.lion." (Dow Jones & Company, Inc.)

It Pays to Understand Your 401(k) Plan Fees
"[T]his year, plans are scheduled to be required to begin issuing annual and quarterly statements with performance and fee information. You'll get a chart that lists each investment available in your 401(k), with a description of what it is." (Chicago Tribune)

Pension Shortfalls a Stark Corporate Challenge, According to Analysis
"The problem came into stark relief on Wednesday, when Boeing Co. joined a raft of U.S. companies that have announced hefty cash injections into underfunded pension plans, including General Electric Co., DuPont, Alcoa Inc., Honeywell International Inc. and Raytheon Co." (Reuters Limited via Business Insurance)

ERISA Claim Based on Wal-Mart Gender Discrimination Dismissed
"A federal court dismissed a claim that Wal-Mart Stores breached its fiduciary duties in underpaying retirement plan contributions based on wages that were discriminatory against women." (PLANSPONSOR.COM)

Louisiana Governor Proposes Pension Overhaul
"[T]he governor unveiled a detailed plan he says would both ease taxpayer burden and ensure that workers will receive promised benefits . . . . [Bobby] Jindal said the state's unfunded accrued liability has tripled to $18.5 bil.lion over the past two decades, three times the current total payroll. For new hires, Jindal proposed a switch from a defined benefit plan to a cash-balance plan." (PLANSPONSOR.COM)

U.S. Workers Delaying Retirement (PDF)
"U.S. workers have been working longer and retiring later since the mid-1990s, but the Great Recession has put even greater pressure on workers to stay on the job. Yet, increases in delayed retirement are not uniform across regions, industries, or occupations. Moreover, these trends are quite predictable and thus useful for forecasting and planning. Businesses can build a better workforce strategy by incorporating retirement trends specific to their operating environment." (Originally published May 2011.) (The Conference Board, Inc. via Financial Finesse, Inc.)

DOL's Amicus Brief in Lehman Brothers Case, in Support of Plaintiffs-Appellants Requesting Reversal
"ERISA gives participants standing to bring private actions to remedy losses caused by fiduciary breaches and to obtain appropriate equitable relief." (U.S. Department of Labor)

DOL's Amicus Brief in Citigroup Case, in Support of Appellants' Petition for Panel Rehearing
"The Secretary of Labor, who has primary authority for enforcing and administering Title I of ERISA, . . . agrees with the dissent that the panel's holdings represent 'both an alarming dilution' of ERISA 'and a windfall for fiduciaries, who may now avail themselves of the corporate benefits of [ESOPs] without the costs of complying with the statutorily mandated obligations of prudence.' . . . The issues are of exceptional importance under Federal Rules of Appellate Procedure . . . because they put hundreds of billions of dollars in pension plan assets at undue risk." (U.S. Department of Labor)

Get Ready for Record Pension Contributions
"On January 25, we saw the first signs of our forecasts that 2011 and 2012 would be record years for these pensions. Two announcements in particular caught our eye: Boeing announced it will contribute $1.5 bil.lion to its pensions in 2012; Verizon announced it would triple its pension contribution in 2012. We will not be surprised when other large employers with defined benefit pension plans make these announcements in this 2012 earnings report season." (Retirement Town Hall)

Life Settlements an Option for Retirement
"Many Baby Boomers are cashing in life insurance policies to help pay for retirement. These transactions are called life settlements, and they have become popular in recent years as an alternative retirement vehicle." (BenefitsPro)

Lessons Learned: The Inaugural Year of Say-on-Pay (PDF)
"CalSTRS wants to reflect on what it learned during the 2011 proxy season, the first with mandatory Say-on-Pay at a majority of U.S. companies. Not only to improve our process going forward, but to help influence the market towards a better alignment between pay and performance." (California State Teachers' Retirement System)

Death Benefits Available to Surviving Families of Florida Law Enforcement Officers Killed in the Line of Duty (PDF)
This document is a comprehensive summary of death benefits available to surviving families of Florida law enforcement officers killed in the line of duty. (Concerns of Police Survivors, Inc. via Cypen & Cypen)

ETF's Now Available on ExpertPlan Platform
(ExpertPlan)

CalSTRS Analysis of 2011 Say-on-Pay Proxy Voting Available Online
(California State Teachers' Retirement System (CalSTRS))

Mercer to Acquire Pensjon & Finans, Leading Norwegian-based Investment and Pension Consultants
(Mercer)

Pensionmark Retirement Group Broadens Its Growing List Of Regional Locations With Its New Fort Wayne, Indiana Office
(Pensionmark Retirement Group)