DATAIR Employee Benefit Systems, Inc.

Pension Administrator
DeMars Pension Consulting Services, Inc.
in KS

Employee Benefits Attorney
Honigman Miller Schwartz and Cohn LLP
in MI

Coordinator - Health & Welfare Planning and Financials
University of California Office of the President
in CA

Lawyer - ERISA Associate
Law Firm
in NY

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Onboarding New Clients Under the Employer Mandate
January 27, 2015 WEBCAST
(National Association of Professional Employer Organizations [NAPEO])

Affordable Care Act Tasks: Shared Responsibility Reporting
February 5, 2015 WEBCAST
(Morgan Lewis & Bockius LLP)

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[Official Guidance]

IRS Reference Lists: Changes in Qualification Requirements for Retirement Plans
"Reference lists are tools to help you ensure that your plan document incorporates all relevant mandatory and optional changes in plan qualification requirements.... Each reference list contains items that are new to the cumulative list for that year.... For an individually designed plan submitted on Form 5300, complete the five reference lists for the five years of your remedial amendment cycle (RAC). These are the years covered by the cumulative list applicable to your submission. For an employer adopting a volume submitter plan and submitting on Form 5307, complete the six reference lists for the six years in your RAC.... Although not mandatory, we encourage you to include completed reference lists with your determination letter application." (Internal Revenue Service [IRS])  

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[Official Guidance]

Text of IRS 2014 Reference List of Changes in Qualification Requirements for Retirement Plans (PDF)
For use in submitting determination letter applications. The 2014 Reference List includes those items that first appeared on the 2014 Cumulative List of Changes in Plan Qualification Requirements. (Internal Revenue Service [IRS])  

[Official Guidance]

Text of IRS 2013 Reference List of Changes in Qualification Requirements for Retirement Plans (PDF)
For use in submitting determination letter applications. The 2013 Reference List includes those items that first appeared on the 2013 Cumulative List of Changes in Plan Qualification Requirements. (Internal Revenue Service [IRS])  

[Official Guidance]

Text of IRS 2012 Reference List of Changes in Qualification Requirements for Retirement Plans (PDF)
For use in submitting determination letter applications. The 2012 Reference List includes those items that first appeared on the 2012 Cumulative List of Changes in Plan Qualification Requirements. (Internal Revenue Service [IRS])  

[Official Guidance]

Text of IRS 2011 Reference List of Changes in Qualification Requirements for Retirement Plans (PDF)
For use in submitting determination letter applications. The 2011 Reference List includes those items that first appeared on the 2011 Cumulative List of Changes in Plan Qualification Requirements. (Internal Revenue Service [IRS])  

[Advert.]

6th Annual Financial Advisor Retirement Symposium - April 1-2, 2015

The editors of Financial Advisor and Private Wealth magazines bring together industry experts to share insights and strategies on retirement at a conference that promises to energize advisors with new practice-building ideas. BenefitsLink Discount.

[Official Guidance]

Text of IRS 2010 Reference List of Changes in Qualification Requirements for Retirement Plans (PDF)
For use in submitting determination letter applications. The 2010 Reference List includes those items that first appeared on the 2010 Cumulative List of Changes in Plan Qualification Requirements. (Internal Revenue Service [IRS])  

[Official Guidance]

Text of PBGC Monthly Interest Rates for February 2015, Updated January 21, 2015
"The spot first, second, and third segment rates for December 2014 are, respectively, 1.48%, 3.77%, and 4.79%. These rates are used to determine the variable rate premium for premium payment years commencing in January 2015 if (A) the plan is using the standard premium funding target and (B) the plan is not a small plan using the lookback rule[.]" (Pension Benefit Guaranty Corporation [PBGC])  

[Guidance Overview]

PBGC Ends Section 4062(e) Moratorium
"Now that Congress has addressed the cessations to which section 4062(e) should apply and the amount and manner of satisfying the liability, PBGC has decided that there is no need to continue its enforcement moratorium. Employers that had or have a cessation of operations on or after December 16, 2014, that is not exempt and that meets the 15% reduction trigger described above should report the event to PBGC. Employers that had a cessation before that date should report it to PBGC, if they have not already done so. PBGC may be contacting employers that previously reported a cessation for additional information to determine whether and how the new rules apply to that event." (Pension Benefit Guaranty Corporation [PBGC])  

ERISA Advisory Council Report: Recommendations for Facilitating Lifetime Plan Participation
"[T]his report provides ideas for plan administrators and plan participants, including communications strategies and plan design options to facilitate lifetime retirement plan participation. The Council recommends DOL develop educational materials for Participants and Sponsors on the value of lifetime plan participation and educate Plan Sponsors on various plan features that may encourage such participation. The Council also makes recommendations with respect to plan loans and development of sample forms to simplify plan rollovers and facilitate consolidation of retirement assets within a plan." (Advisory Council on Employee Welfare and Pension Benefit Plans)  

ERISA Advisory Council Report: Outsourcing Employee Benefit Plan Services
"The Council formulated several recommendations for the Department grouped into the following five categories: (A) educate plan sponsors on current practices with respect to outsourced services; (B) clarify the legal framework under ERISA for delegating responsibility to service providers; (C) provide additional guidance on the duty to select and monitor service providers; (D) facilitate the use of multiple employer plans and similar arrangements as a means of encouraging plan formation and easing administrative burdens; and (E) update and provide additional guidance on insurance coverage and ERISA bonding of outsourced service providers." (Advisory Council on Employee Welfare and Pension Benefit Plans)  

Supreme Court Urged to Drop Review in Tibble Case
"A petition submitted by Edison International asks the Supreme Court to reverse its decision to review key parts of Tibble vs. Edison International, a potential precedent-setting case related to ERISA's limitations period and whether retirement plan fiduciaries have an ongoing duty to monitor plan investment options that is distinct from the initial duty to select. The case is currently set for oral arguments before the Supreme Court on February 25[.]" [Tibble v. Edison International, No. 13-550 (9th Cir. Aug. 1, 2013; cert. pet. granted Oct. 2, 2014)] (planadviser)  

Why Aren't More RIAs Involved in 401(k) Plan Design and Administration?
"Many RIAs may already be convinced of the opportunity retirement plans present, but they get stuck wondering how to incorporate the service efficiently into their existing offering. Advisors should ask themselves a few key questions: Do they have the capabilities or expertise in-house? If not, do they have the resources and relationships they need with recordkeepers and plan sponsors? In truth, there is not a defined, one-size-fits-all way to incorporate retirement plans into an existing practice. There are many levels of engagement with retirement plans." (Financial Planning)  

Increasing Defined Contribution Plan Participation: A California Pilot Project
"Three State of California agencies recently launched a campaign pilot project to evaluate the effectiveness of different outreach strategies in increasing supplemental DC enrollment and contributions. The campaign results suggest that outreach efforts are effective in increasing enrollment and existing enrollee contributions, although their effectiveness may vary depending on the intensity of outreach applied. While the campaign pilot focused on a comparatively small sample population, the results of the campaign can extend beyond California public employees, since DC plans play a major role in both the public and private retirement landscape." (The Journal of Retirement; subscription may be required)  

Outlook for 2015: Multiemployer, 4062(e) Changes Enacted; Time to See How It Shakes Out
"Some plans will be moving as quickly as possible now that they have the legal tools to do so, such as the financially troubled Central States Pension Fund, although the fund, one of the largest in the nation, said any changes likely wouldn't take effect for at least a year.... Central States was the most aggressive in pushing for an ability to save itself, but other plans that were unwilling to admit their financial condition will now be coming forward and requesting to use the new legal tools, [said Joshua Gotbaum, a guest scholar in the economic studies program at the Brookings Institution in Washington and director of the PBGC from 2010 to August 2014]." (Bloomberg BNA)  

M&A Basics: Executive Compensation Issues (PDF)
53 presentation slides. Topics: M&A 101; Change in Control Arrangements; Dealing with Section 409A; Say on Golden Parachutes Vote; Golden Parachutes under Section 280G; Going Private Transactions -- Management Representations. (Morgan Lewis)  

BrightScope Launches AdviceMatch to Simplify the Search for Financial Advice and Investment Guidance
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