TITLE

The Many Forces on Nonqualified Retirement Benefits and Funding: Where Are We Headed?

AUTHOR(S)
Romanchek, Robert A.
PUB. DATE
September 1998
SOURCE
Benefits Quarterly;1998 Third Quarter, Vol. 14 Issue 3, p79
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Many internal and external forces such as governmental political and legislative forces, economic conditions, the views and actions of the board of directors and the CEO, and even the impact of globalization have an impact on nonqualified retirement plan design and funding. The author argues that executives will continue to receive a competitive level of retirement benefits; however, a negative force to be aware of is legislators' perception of a possible loss in tax revenues. The answer to security of nonqualified retirement benefits is the ingenuity and expertise of well-versed practitioners.
ACCESSION #
888588

 

Related Articles

  • ABCs of Pensions and Retirement. Sergeant, Deborah Jeanne // Alaska Business Monthly;Sep2007, Vol. 23 Issue 9, p40 

    The article focuses on the different types of retirement plans available for different types of employees. It discusses the need for employers to choose the best type of retirement plan that will help attract and retain employees. It also differentiates non-qualified and qualified retirement...

  • Performance-Based Nonqualified Retirement Plans: Creating Value in Mergers and Acquisitions. Peterson, Philip A. // Benefits Quarterly;1998 Third Quarter, Vol. 14 Issue 3, p59 

    This article looks at the process of developing performance-based nonqualified retirement plans and evaluating their potential as incentive tools for valued executives in newly acquired companies. Key among the factors that determine the success of a merger or acquisition is the cooperation and...

  • RFPs Throw Out the Cookie-Cutter. Barrett-Newman, Mary Beth // Financial Executive;Apr2006, Vol. 22 Issue 3, p62 

    The article presents a discussion of nonqualified deferred compensation (NQDC) plans and the effects of standardized requests for proposals. It is advantageous for companies to provide their top managers with NQDC plans. Many benefit managers neglect their standard request for proposals (RFPs)...

  • Comparing Apples to Oranges: A Nonqualified Retirement Fund Still Has the Juice. Virkler, Thomas L. // Journal of Financial Service Professionals;Jul2013, Vol. 67 Issue 4, p28 

    The biggest asset that your client may have available for retirement planning is his or her insurability. Consider or readdress the true retirement income need of each client and then suggest the use of over-funded life insurance as a source to make up any shortfall that might exist.

  • In Enron's wake, it's time for a fresh look at nonqualified plans. Kiger, Patrick J. // Workforce Management;Mar2004, Vol. 83 Issue 3, p70 

    Focuses on the nonqualified pension plans of business enterprises in the U.S. after the collapse of Enron and other companies that experienced corporate crimes. Information on how Enron used its nonqualified pension plans before it went bankrupt; Difference of nonqualified plans from...

  • Nonqualified Deferred Compensation Plans: Communication, Administration and Recordkeeping Requirements. Catagnus, Charles F. // Benefits Quarterly;1998 Third Quarter, Vol. 14 Issue 3, p69 

    This article discusses the challenges that employers can expect to encounter when beginning a non-qualified deferred compensation plan. The author begins with a background of such plans followed by examples of typical plan designs. More specificity is given to issues that arise in the areas of...

  • NONQUALIFIED BENEFIT PLANNING--WHAT, WHEN, AND WHY. Landsberg, Richard D. // Journal of Financial Service Professionals;Mar2004, Vol. 58 Issue 2, p22 

    The section answers questions on nonqualified benefit planning. Executive Bonus arrangements are nothing more than a pay-raise for executives. For the corporation, the U.S. Internal Revenue Code provides a tax incentive. Executive Bonus arrangements are cash-flow leverage. Properly structured,...

  • How to Use Benefits to Retain Key Staff Members. Smith, Ronald F.; Honeycutt, Paul E. // San Diego Business Journal;10/14/2002, Vol. 23 Issue 41, p16 

    Discusses guidelines on how to use nonqualified retirement plans to retain key employees. Overview of the plan; Drawbacks of the plan; Primary advantage of funding with corporate-owned life insurance.

  • 100,000 more pensioners living in poverty. Day, Karen // Public Finance;09/29/2000, p16 

    Reports on the British Department of Social Security's 2000 audit of poverty indicating an increased number of pensioners living in poverty. Comparison with statistics from 1996 to 1999; Calls for improvement of the state pension program; Plans to link government earnings with the state...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics