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Best Best & Krieger Public Sector: Employee Benefits & Executive Compensation Practice Page
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Prior Posts
- A 457(b) Plan Distribution Depends on Which 457(b) Plan You’re In
- The Improper Use of Governmental “Pre-Approved” Plans
- How Many 457(b) Plans Do You Need?
- Public Agency Board Members’ Worker Classification Matters for Tax Purposes
- When a Section 115 Pension Stabilization Trust is “Too Good To Be True”
Archives
Categories
- 401(a) (3)
- 457(b) Plans (3)
- Administrative Committee (2)
- Beneficiary Designation (1)
- Collective Bargaining (2)
- Employer's Government Status (3)
- ERISA (3)
- fiduciary (6)
- Authority (1)
- Investments (4)
- Governmental plans (18)
- Governmental Retirement (22)
- Pre-Approved (4)
- Health Coverage (6)
- Income Taxation of Employees (5)
- individually designed plan (1)
- IRS plan review (1)
- Missing Participants (1)
- NAGDCA (1)
- Pension (18)
- Pension Reform (4)
- PEPRA (4)
- Pick-Up Plan (2)
- Plan Administration (8)
- Plan Administrator (2)
- Plan Fees (2)
- Plan Qualification (5)
- PTO (2)
- record-keeping (3)
- Retiree Health (20)
- Retirement Plan Fees (1)
- Retirement Plans (9)
- RMDs (1)
- Rural Cooperatives (1)
- Severance pay benefits (1)
- Social Security Administration (4)
- Tussey (1)
- Uncategorized (3)
- Windsor (1)
Category Archives: Plan Administration
A 457(b) Plan Distribution Depends on Which 457(b) Plan You’re In
By Jeff Chang With very few exceptions, the rules governing governmental 457(b) plans require a “severance of employment” to occur before a distribution can be made. Recently, we came across yet another of those arcane, little-known rules that will likely … Continue reading
The Improper Use of Governmental “Pre-Approved” Plans
By Jeff Chang There continues to be new, complicated problems arising from the improper completion and use of off-the-shelf governmental pre-approval plans. Generally, a pre-approved plan from the document provider is reviewed and pre-approved by the IRS for its general … Continue reading
Tagged auto-enrollment, opt-in, VCP
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“It Just Keeps On Going:” The Problem with a Money Purchase Pension Plan that a Public Agency Just Sets Aside
By Jeff Chang Like the Energizer Bunny, some retirement plans continue to “run,” even though the employer believes they are “no longer in use.” This problem is particularly prevalent with public agencies that have a tendency to switch from one … Continue reading
Tagged money purchase, plan freeze
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Lessons From the Private Sector: Takeaways From Recent ERISA Plan Fiduciary and Fee Litigation
By Jeff Chang This is a blog about “public” benefits issues — one that focuses heavily, but not exclusively, on California developments. If we are focusing on California’s public agency retirement and welfare plans — which are generally exempt from … Continue reading
Tagged fee litigation, fiduciary best practices, plan fees, Proposition 21
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Time for a Defined Contribution Plan Checkup?
By Jeff Chang Many public sector employers maintain various defined contributions plans (either 401(a) or 457(b)) in addition to their participation in a large, public-defined benefit system, such as CalPERS, CalSTRS or a ’37 Act county plan. There are a … Continue reading
Tagged Plan compliance, Plan review
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