Governmental Plans Answer Book

<p> Written by a team of practicing experts, preeminent in their fields, <b> Governmental Plans Answer Book </b>takes the reader step-by-step through the various laws that govern such plans. For those practitioners with private plan experience who wish to work with governmental plans, it compares the regulation of the two types of plans. </p> <p> The authors' systematically answer hundreds of questions and provide an invaluable reference for investment advisors, plan administrators, attorneys, actuaries, and accountants. This book will also serve those institutions that promote, market, service, or provide technical support to retirement plans, products, and related services. </p> <p> <b>Governmental Plans Answer Book </b>has been updated to include: </p> <ul> <li> New guidance on group trusts </li> <li> Updates on state legislation affecting governmental plans </li> <li> Expanded material about pension protections </li> <li> IRS focus on need for full vesting on normal retirement age as a requirement for qualified status, even for governmental plans </li> <li> Issues for governmental plans for which IRS will not issue determination letters </li> <li> Common issues in governmental plans that may preclude qualified status </li> <li> New Supreme Court case on effect of mistakes in a summary plan description (SPD) </li> <li> Guidance on when a 403(b) plan can be treated as terminated, and thus in-service distributions can be made to employees </li> <li> New guidance on what is an "unforeseeable emergency" justifying distributions from a 457 plan </li> <li> Updates to public pension asset and membership figures </li> </ul> <p> </p> <p> </p>