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 |October 2001
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 |October 2001
NYC Correction Officers Sue The Mayor
Complaint contends costly benefit will disqualify city's core pension funds
UpFront |October 2001
Compensation Crusade
Institutional investors campaigned hard to rein in CEO pay this proxy season
UpFront |October 2001
Connecticut Settles Another One
State Ethics Commission reaches agreement in Crescendo Ventures case
UpFront |October 2001
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 |October 2001
Staying On ADEA’s Good Side
A voluntary retirement offer's health-insurance provision did not discriminate, court finds
(k)Plans |October 2001
Chatting Live
GoldK, Vanguard and, soon, Fidelity offer new Web-based chat capabilities
(k)Plans |October 2001
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 |October 2001
Starting From Scratch
PLANSPONSOR polls start-ups and spinoffs in search of the Holy Grail: the perfect benefits package
Running the Fund |October 2001
Under The Microscope
Looking to head off potential investment or administrative problems, more public plans are conducting external oversight reviews
Total Benefits |October 2001
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 |October 2001
Cover My Pills
Add contraceptives to the list of benefits that employer-sponsored health-care plans must provide, says a federal court
Game Plan |October 2001
Religous Conversion
The Evangelical Lutheran Church outsources pension services
Voice |October 2001
The Feminine Mystique
Should employers alter their investment education materials to address women's distinctive habits?
Done Deal |October 2001
Take My Money – Please!
A health-care system lets employees put their 401(k) and 403(b) investments on automatic pilot
Outtakes |October 2001
Nothing Like Experience
Lessons for Social Security reformers from other countries' pension overhauls
Web Watch |October 2001
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