Cash balance plans: helping employers meet today's staffing needs

Article Abstract:

Issues are presented concerning the benefits which cash balance plans bring to business enterprises who wish to motivate and retain their best performing employees. The need to modernize pension laws is discussed.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Legal update

Article Abstract:

Cases regarding pensions law are surveyed. Issues highlighted from the cases surveyed include delayed benefits payment, breach of fiduciary duty, employer entitlement to surplus assets and age discrimination.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Against the 401(k) tide: the successful ERISA experience of one multiemployer plan

Article Abstract:

The Employee Retirement Income Security Act (ERISA) has been viewed by many plan sponsors as a bane to the existence of defined benefit plans, but one pension fund does not think so. The Central Pension Fund (CPF) of the International Union of Operating Engineers and Participating Employers has not only survived, but more importantly, thrived under ERISA. Specifically, administrative burdens associated with the act were accommodated while costs were kept down by the CPF due to ERISA's provisions.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: