Pension Content

[13688] June 29, 2001 TO: PENSION COMMITTEE No. 43-01 RE: IRS SIMPLIFIES PLAN DETERMINATION LETTER PROCEDURES The Internal Revenue Service recently released Announcement 2001-77, which simplifies the procedures for determination letters on the qualification of pension, profit-sharing...

[13679] June 28, 2001 TO: PENSION COMMITTEE No. 41-01 PENSION OPERATIONS ADVISORY COMMITTEE No. 40-01 RE: DEPARTMENT OF LABOR ADVISORY OPINION CONCERNING STATUS OF INCOME WITHHOLDING NOTICE AS A “DOMESTIC RELATIONS ORDER” The Department of Labor recently issued an advisory opinion...

[13683] June 28, 2001 TO: PENSION COMMITTEE No. 42-01 PENSION OPERATIONS ADVISORY COMMITTEE No. 41-01 RE: REMINDER - SPECIAL COMMITTEE MEETING ON PENSION LEGISLATION – JULY 19 The next combined meeting of the Pension and Pension Operations Advisory Committees is scheduled for Thursday...

[13674] June 25, 2001 TO: PENSION COMMITTEE No. 40-01 INVESTMENT ADVICE AD HOC COMMITTEE No. 2-01 RE: REPRESENTATIVE BOEHNER REINTRODUCES INVESTMENT ADVICE BILL On June 21, 2001, Representative John Boehner (R-OH), Chairman of the House Committee on Education and the Workforce...

[13671] June 22, 2001 TO: PENSION COMMITTEE No. 38-01 RE: SEC ISSUES NO-ACTION LETTER ON 401(K) INVESTMENTS The Division of Investment Management of the Securities and Exchange Commission recently issued a no-action letter regarding when 401(k) plans may invest in private investment...

[13672] June 22, 2001 TO: PENSION COMMITTEE No. 39-01 RE: IRS ISSUES FINAL REGULATIONS ON TRANSFER OF PENSION ASSETS TO HEALTH ACCOUNTS The Internal Revenue Service recently issued final regulations permitting the transfer of excess assets of a defined benefit plan to a retiree health...

[13652] June 21, 2001 TO: DIRECT MARKETING COMMITTEE No. 7-01 OPERATIONS COMMITTEE No. 21-01 PENSION COMMITTEE No. 37-01 PENSION OPERATIONS ADVISORY COMMITTEE No. 39-01 SALES FORCE MARKETING COMMITTEE No. 8-01 SHAREHOLDER COMMUNICATIONS COMMITTEE No. 8-01 SMALL FUNDS COMMITTEE No. 9...

[13640] June 19, 2001 TO: PENSION COMMITTEE No. 36-01 PENSION OPERATIONS ADVISORY COMMITTEE No. 38-01 RE: MARK YOUR CALENDAR: SPECIAL COMMITTEE MEETING ON PENSION LEGISLATION - JULY 19, 2001 As you are aware, the President signed H.R. 1836, the “Economic Growth and Tax Relief...

[13574] June 1, 2001 TO: PENSION COMMITTEE No. 35-01 PENSION OPERATIONS ADVISORY COMMITTEE No. 36-01 RMD REFORM AD HOC COMMITTEE RE: ICI TESTIFIES AT IRS HEARING ON RMD RULES The Internal Revenue Service held a hearing on its proposed regulations on required minimum distributions...

[13567] May 31, 2001 TO: PENSION COMMITTEE No. 34-01 RE: SEC’S INTERIM FINAL RULES RELATING TO THE REGULATION OF BANKS AS BROKER-DEALERS INCLUDES PROVISIONS IMPACTING TRUSTEES Effective May 11, 2001, the Securities and Exchange Commission adopted on an interim final basis a variety of...