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- Using a Section 115 Trust to Help Manage Pension Obligations 2.2k views | posted on September 13, 2017
- Public Agency Board Members’ Worker Classification Matters for Tax Purposes 1.3k views | posted on July 22, 2019
- If You Don’t Have a Section 218 Agreement, Watch Out for the Social Security “Gotcha” 1.2k views | posted on October 19, 2018
- Chapter 13: Some Things Are Worth Repeating – Beware of PTO Cash-Outs! 1k views | posted on April 22, 2014
- Using 457(b) Unforeseeable Emergency Distributions During the Coronavirus Crisis 1k views | posted on March 24, 2020
- Chapter 28: Why Cashing Out PTO Next Year Doesn’t Work 1k views | posted on August 15, 2016
- The CARES Act’s New Rules for Coronavirus-related Distributions from Governmental 457(b) Plans 893 views | posted on April 2, 2020
- Take Care When Cost-Sharing Under CalPERS 853 views | posted on November 7, 2019
- Why You Need to “Monitor” Full-time, Temporary Employees 852 views | posted on August 30, 2018
- COVID-19 Pandemic May Force Some Cities to Reset Employee Benefits 837 views | posted on May 11, 2020
Category Archives: 401(a)
Are Charter Schools Considered “Governmental” for Retirement Plan Purposes?
By Jeff Chang In California, charter schools are public schools that do not charge tuition or impose special entrance requirements, but are generally operated on an independent basis from local school systems. Because of the “public” nature of these schools … Continue reading
Posted in 401(a), 457(b) Plans, Employer's Government Status, Governmental plans, Uncategorized
Tagged 3(32), 414(d), charter school
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Why Most Retirement Plan Advisor or Recordkeeper Searches Are Not Subject to the RFP Requirements of the Sponsoring City or District
By Jeff Chang Many cities and their retirement plan investment advisors believe that the city must periodically issue an RFP for defined contribution plan recordkeeping or investment advisory services in accordance with the city’s RFP policy or ordinance. Having reviewed … Continue reading
Posted in 401(a), 457(b) Plans, fiduciary, Plan Administration, Plan Administrator, record-keeping
Tagged advisor selection, Recordkeeper selection, RFP
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Are Your Agency’s Retirement Plan Committee Meetings Subject to the Brown Act?
By Jeff Chang In addition to properly identifying your retirement plan fiduciaries, and substituting a knowledgeable administrative committee in place of your governing board or council, California local agencies also need to consider whether the meetings of their administrative committee … Continue reading
Posted in 401(a), 457(b) Plans, Administrative Committee, Governmental plans, Uncategorized
Tagged Brown Act, open meeting law
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The Duties and Responsibilities of a 457(b) or 401(a) Plan Administrator
By Jeff Chang A surprisingly large number of public employees accept appointment as the plan administrator, or a member of the administrative committee, for their agency’s 457(b) or 401(a) plan. An explanation of the typical duties and responsibilities of a … Continue reading
Posted in 401(a), 457(b) Plans, Administrative Committee, Investments, Plan Administration, Plan Administrator, record-keeping
Tagged Administrator duties and responsibilities
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