Ret plans - policy (BenefitsLink.com)Headlines re Ret plans - policy, gathered by BenefitsLink.comInternational Update, May 2008: Recent Developments in Foreign Private And Public Pensions, Social Security, and Retirement- (Found June 24, 2008 ) From SSA's Office of Policy. (U.S. Social Security Administration)http://www.socialsecurity.gov/policy/docs/progdesc/intl_update/2008-05/index.html Opinion Working Longer: The Solution to The Retirement Income Challenge- (Found June 24, 2008 ) Book review excerpt: 'This timely and insightful book assesses the potential of longer work lives to strengthen retirement security. With a clear-eyed view of the challenges associated with such a major social and economic change, this book is an essential resource for individuals, employers, and policymakers alike." (Center for Retirement Research)http://crr.bc.edu/linked_in_content_pages/working_longer_the_solution_to_the_retirement_in... The Nation's Long-Term Fiscal Outlook Is Unsustainable, Government Report Says; Health Care Cost Growth and Demographic Trends Are Biggest Problems (P- (Found June 24, 2008 ) 14 pages. Excerpt: "Our updated simulations continue to illustrate that the long-term fiscal outlook is unsustainable. Despite some improvement in the long-term outlook for federal health and retirement spending, the federal government still faces large and growing structural deficits driven primarily by rising health care costs and known demographic trends. In fact, the oldest members of the baby boom generation are now eligible for Social Security retirement benefits and will be eligible.http://www.gao.gov/new.items/d08783r.pdf Opinion IRS Should Provide Relief for Late 5500-EZ Filers Under Similar Conditions Available to Other Plan Sponsors; Expand EPCRS (PDF)- (Found June 24, 2008 ) 10 pages. Attorney Albert Feuer argues the IRS should provide a means for retirement plans that cover only 'owner-employees' to qualify for relief from IRS penalties for late annual filings of Form 5500-EZ under similar conditions as are available to other retirement plans. He suggests that the Service provide such relief as part of the Employee Plans Compliance Resolution System. (Albert Feuer)http://benefitslink.com/articles/guests/feuer_letter_5500ez_relief.pdf Global Retirement Update, May 2008 (PDF)- (Found June 24, 2008 ) Excerpt: "Hewitt's monthly reports summarize retirement and financial management legislative developments and trends from around the world." (Hewitt Associates)http://www.hewittassociates.com/_MetaBasicCMAssetCache_/Assets/Legislative%20Updates/2008/... Opinion Washington Update, May 13, 2008- (Found June 24, 2008 ) Excerpt: "The Pension Protection Act (PPA) may have been enacted in 2006, but its implications still reverberate in 2008 as federal agencies continue to provide guidance on PPA changes. Ann Combs, the head of Vanguard Institutional Strategic Consulting and former U.S. Assistant Secretary of Labor, offers some observations on recent directives from the Internal Revenue Service (IRS) and Department of Labor (DOL) and the outlook for future developments." (Ann Combs via The Vanguard...https://institutional.vanguard.com/VGApp/iip/site/institutional/researchcommentary/article... Pension Reform Around Europe- (Found June 24, 2008 ) Excerpt: "Several European Union countries are facing pension crises, mainly due to an ageing population. Here are some details of pension reform plans around Europe." (Reuters)http://uk.reuters.com/article/topNews/idUKL2238499820080522 Retirement in India: Pension Benefits and Beyond- (Found June 24, 2008 ) Excerpt: "This article provides an overview of retirement benefits in India and examines relevant issues that are important from an employer's point of view. It covers income replacement ratio, the fringe benefit tax (FBT), and the challenges that employers are facing." (Mercer LLC)http://www.mercer.com/referencecontent.jhtml?idContent=1303935 National Institute on Retirement Security Launches Website- (Found June 24, 2008 ) Excerpt: "The National Institute on Retirement Security is a not-for-profit organization established to contribute to informed policymaking by fostering a deep understanding of the value of retirement security to employees, employers, and the economy through national research and education programs. NIRS seeks to encourage the development of public policies that enhance retirement security in America. Our vision is one of a retirement system that simultaneously meets the needs of...http://benefitslink.com/www.nirsonline.org A Roadmap for America's Future- (Found June 24, 2008 ) Excerpt: "The proposal described in this report has three objectives: To Fulfill the Mission of Health and Retirement Security for All Americans. To Lift the Burden of Debt Facing Future Generations. To Ensure American Jobs and Competitiveness in a 21st Century Economy." (A Roadmap for America's Future)http://www.americanroadmap.org/ |