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Best Best & Krieger Public Sector: Employee Benefits & Executive Compensation Practice Page
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Prior Posts
- Tightening Budgets, Layoffs and Ongoing Labor Negotiations Highlight the Value of Retiree Health Reimbursement Arrangements
- Public Agency Retirement Plan Documents: Are They Properly Signed and Dated?
- CARES Act Authorizes Limited Employer Repayment of Student Loans
- COVID-19 Pandemic May Force Some Cities to Reset Employee Benefits
- Public Agency Furloughs & Distributions from Retirement Plans During COVID-19
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Categories
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- Administrative Committee (2)
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- Collective Bargaining (5)
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- fiduciary (8)
- Authority (1)
- Investments (6)
- Governmental plans (27)
- Governmental Retirement (22)
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- Income Taxation of Employees (9)
- individually designed plan (1)
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- Pension (18)
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- record-keeping (6)
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Category Archives: record-keeping
Public Agency Retirement Plan Documents: Are They Properly Signed and Dated?
By Jeff Chang Based on numerous requests for plan documents from public agency clients, we know that many cannot find complete sets of their historical and current retirement plan documents that are properly authorized, signed and dated. If this sounds … Continue reading
Tagged plan document retention, timely adoption, timely execution
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Understanding the Fees Paid by Your Governmental Retirement Plan
By Jeff Chang There are several fundamental principles and concepts that governmental plan sponsors and fiduciaries need to bear in mind as they select and monitor their plan providers and the fees that these providers charge.
Tagged fees, stable value
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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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What Plan Documents Should You Be Keeping?
By Jeff Chang Despite the insane popularity of Marie Kondo and her tidying methodology, when it comes to your agency’s retirement (and welfare) plan documents: more is better. But, not just more of the same thing — such as unexecuted … Continue reading
Tagged plan record retention, retirement plan documents, retirement plan records
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