CALPERS' plan for long-term care

Article Abstract:

The California Public Employees Retirement System (CALPERS) has established a new long-term care program. CALPERS covers almost 1.5 million public employees in over 2,300 government entities with its retirement and health services. In Jan. 1995, the system expanded into in-home care, community-based, nursing-home and custodial services. Its new long-term program is noteworthy because it is a self-insured group program, the fees and claims of which are paid out from a member premium pool. Its prices are 20% to 30% lower than similar packages.

Author: Bambarger, Brad
Publisher: Penton Business Media, Inc.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
Pension, health, and welfare funds, General Medical and Surgical Hospitals, General medical & surgical hospitals, Long-Term Care Hospitals, Public Empl Pension Funds, Social policy, California, Health insurance, Long-term care of the sick, Long term care, Public employees, Government employees, Long term care facilities, Public employee pension funds

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Techniques for securing nonqualified funds

Article Abstract:

Nonqualified plans are increasingly being preferred as tax-effective ways to compensate for lost benefits and deferred compensation opportunities. However, corporate insolvency and change in management pose major risks to nonqualified benefits. To secure benefits, several techniques can be employed. These include secular trusts, nonqualified annuities, third party guarantees, rabbi trusts, springing rabbi trusts, rabbicular trusts, agency arrangements and split dollar life insurance.

Author: Diamond, Stephen D.
Publisher: Penton Business Media, Inc.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
Executives, Executive compensation

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Manager fees; study shows private sector plans pay high prices

Article Abstract:

A study conducted by Greenwich Assoc. revealed that corporate pension plan managers received higher management fees than their public sector counterparts. Moreover, Greenwich discovered that domestic stock and bond managers' management fees increased by 15 basis and 10 basis points, respectively, between 1990 and 1994. A discussion of the other major results of the Greenwich study is presented.

Author: Schanes, Steven
Publisher: Penton Business Media, Inc.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
Pension Funds & Benefit Plans, Investment Advisory Services, Investment Advice, Pension funds, Investment advisers

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Subjects list: Planning, Compensation and benefits, Employee benefits
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