PLANSPONSOR Magazine
COVER
Mad as hell
Janet Krueger still spends part of every day
thinking about how she can put right what she feels IBM set
wrong back in 1999. That is the year the company converted
its defined benefit plan to a cash balance formula. Krueger
was part of a crusade that accomplished what many would have
viewed as an impossibility; she helped lead a movement that
convinced Big Blue to alter its pension strategy, broadening
by 35,000 the number of individuals it would allow to opt out
of the cash balance plan and stick with the old-style annuity
plan. Ultimately, the traditional plan was offered to anyone
who was older than 40 years of age and had more than 10 years
of service at the time the plan was switched. However, three
years after quitting a 23-year career as an IBM software
consultant, Krueger is not satisfied.
Editorial
Editorial
Picking Up The Pieces
This is no time for false bravado. It is a time to...
Editorial
Editorial
Debating Social Security’s Future
Critics blast interim findings of presidential commission
Editorial
Editorial
Ellis’ Exit
Greenwich Associates' founder offers parting thoughts on three decades of investment management
Editorial |
The End Of Innocence
Recently, I headed to the wake of a friend who died at the World Trade Center. Our town in Connecticut suffered half a dozen such calamities-families that will...
UpFront |
NYC Correction Officers Sue The Mayor
Complaint contends costly benefit will disqualify city's core pension funds
UpFront |
Compensation Crusade
Institutional investors campaigned hard to rein in CEO pay this proxy season
UpFront |
Connecticut Settles Another One
State Ethics Commission reaches agreement in Crescendo Ventures case
UpFront |
Digging Out
The World Trade Center attacks leave plan sponsors and their providers grappling with grief, loss, and a host of pension and benefits issues
UpFront |
Staying On ADEA’s Good Side
A voluntary retirement offer's health-insurance provision did not discriminate, court finds
(k)Plans |
Sidebar:Sample Amendments Arrive On Time, But…
True to its word, the Internal Revenue Service has issued sample plan amendments for the pension provisions of EGTRRA, the Economic Growth and Tax Relief Reconciliation Act of...
Asset Mix |
Starting From Scratch
PLANSPONSOR polls start-ups and spinoffs in search of the Holy Grail: the perfect benefits package
Running the Fund |
Under The Microscope
Looking to head off potential investment or administrative problems, more public plans are conducting external oversight reviews
Total Benefits |
Playing Hard Ball
HMOs are seeking big rate hikes for 2002. Employers' options range from self-insurance to passing on more cost to employees
Total Benefits |
Cover My Pills
Add contraceptives to the list of benefits that employer-sponsored health-care plans must provide, says a federal court
Voice |
The Feminine Mystique
Should employers alter their investment education materials to address women's distinctive habits?
Done Deal |
Take My Money – Please!
A health-care system lets employees put their 401(k) and 403(b) investments on automatic pilot
Outtakes |
Nothing Like Experience
Lessons for Social Security reformers from other countries' pension overhauls
Web Watch |
Tricks Or Treats?
It's not "ghoulies and ghosties" that bedevil us today, it's viruses, worms, and modern "Trojan horses." Here is some help from the Web