my job should not exist - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**pheelixoss** · 06-20-2010, 12:40 AM

"Discrimination in favor of highly-compensated employees is different from discrimination against non-highly-compensated employees." ASDFLKAJ;SDFKLDSLF;ASD;JLK

THE WORST PART IS HE'S TELLING THE TRUTH

**mrPronmaker** · 06-20-2010, 12:42 AM

My dad just explained the ERISA vesting and accrual rules to me, and started in on the non-discrimination rules.

**cewIdeatovace** · 06-20-2010, 12:44 AM

Example: cash-balance plans that offer returns above "market rates" [note: this term was used in law 4 years ago and the regulations defining it are still pending] are age discriminatory.

**chuecaloversvvp** · 06-20-2010, 01:03 AM

Because if I give $1 at 8% (payable when you are 65) to a 20-year old that is more valuable than $1 at 8% to a 40-year-old.

**beloveds** · 06-20-2010, 01:35 AM

actuaries

**Zysyewgg** · 06-20-2010, 03:21 AM

No one, now that it's illegal.

**RotsLoado** · 06-20-2010, 04:10 AM

I have absolutely no idea, and am kind of amused at the idea that I would.

**Rtebydou** · 06-20-2010, 06:52 AM

Nah, a consulting firm that does mostly public and multi-employer (i.e. union) plans, on both the health and pension side.

**EspnaConCam** · 06-20-2010, 12:28 PM

I've been working in pensions for 10 years and I have no idea what you lot are talking about.

**Quigoxito** · 06-20-2010, 12:57 PM

I have an indexed, defined-benefit government pension which is building up nicely.

**addifttiest** · 06-20-2010, 03:53 PM

I've been working in pensions for 10 years and I have no idea what you lot are talking about.

Possibly because the only specific thing I've mentioned is a bizarre peculiarity of US law.

**vRmy0Fzg** · 06-20-2010, 11:45 PM

Depends on the job.

**tofRobbroolve** · 06-21-2010, 01:44 AM

Maine's quite exciting

I agree. I was watching Anthony Bourdain visit Maine today rather than watch soccer, and it seemed like an ok place.

**BV6lwvXf** · 06-21-2010, 01:51 AM

I expect my country to be bankrupt in 50 years... no way I'm
getting a pension from the state pension fund.

Very wise

**triarmarm** · 06-21-2010, 02:56 AM

Yes, actually. Much more so than when doing physics research.

**CVEGK7mV** · 06-21-2010, 06:51 AM

Yes, actually. Much more so than when doing physics research.

Sure, but when the dark matter aliens come to invade, you'll be wishing you were on the team constructing the anti-tachyon ray.

**rorsvierwelia** · 06-21-2010, 08:02 AM

KH will be trying to sell them derivatives on the earth resistance defeating them.

**mudozvonf** · 06-21-2010, 08:05 AM

Why would I have to do that? We'd already be in their good graces for inviting them in while shorting Homo Sapiens.

**8Zgkdeee** · 06-21-2010, 08:26 AM

After all, taking enormous positional bets is how you stay in business for 140 years...

**markshome23** · 06-21-2010, 08:31 AM

Totally bespoke

06-20-2010, 12:40 AM	#1
pheelixoss Join Date Nov 2005 Posts 399 Senior Member	my job should not exist "Discrimination in favor of highly-compensated employees is different from discrimination against non-highly-compensated employees." ASDFLKAJ;SDFKLDSLF;ASD;JLK THE WORST PART IS HE'S TELLING THE TRUTH Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 12:42 AM	#2
mrPronmaker Join Date Oct 2005 Posts 609 Senior Member	My dad just explained the ERISA vesting and accrual rules to me, and started in on the non-discrimination rules. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 12:44 AM	#3
cewIdeatovace Join Date Oct 2005 Posts 502 Senior Member	Example: cash-balance plans that offer returns above "market rates" [note: this term was used in law 4 years ago and the regulations defining it are still pending] are age discriminatory. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 01:03 AM	#4
chuecaloversvvp Join Date Oct 2005 Posts 378 Senior Member	Because if I give $1 at 8% (payable when you are 65) to a 20-year old that is more valuable than $1 at 8% to a 40-year-old. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 01:35 AM	#5
beloveds Join Date Oct 2005 Posts 591 Senior Member	actuaries Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 03:21 AM	#6
Zysyewgg Join Date Oct 2005 Posts 537 Senior Member	No one, now that it's illegal. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 04:10 AM	#7
RotsLoado Join Date Oct 2005 Posts 634 Senior Member	I have absolutely no idea, and am kind of amused at the idea that I would. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 06:52 AM	#8
Rtebydou Join Date Oct 2005 Posts 469 Senior Member	Nah, a consulting firm that does mostly public and multi-employer (i.e. union) plans, on both the health and pension side. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 12:28 PM	#9
EspnaConCam Join Date Oct 2005 Posts 365 Senior Member	I've been working in pensions for 10 years and I have no idea what you lot are talking about. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 12:57 PM	#10
Quigoxito Join Date Oct 2005 Posts 442 Senior Member	I have an indexed, defined-benefit government pension which is building up nicely. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 03:53 PM	#11
addifttiest Join Date Oct 2005 Posts 464 Senior Member	I've been working in pensions for 10 years and I have no idea what you lot are talking about. Possibly because the only specific thing I've mentioned is a bizarre peculiarity of US law. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-20-2010, 11:45 PM	#12
vRmy0Fzg Join Date Oct 2005 Posts 466 Senior Member	Depends on the job. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-21-2010, 01:44 AM	#13
tofRobbroolve Join Date Oct 2005 Posts 470 Senior Member	Maine's quite exciting I agree. I was watching Anthony Bourdain visit Maine today rather than watch soccer, and it seemed like an ok place. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-21-2010, 01:51 AM	#14
BV6lwvXf Join Date Oct 2005 Posts 460 Senior Member	I expect my country to be bankrupt in 50 years... no way I'm getting a pension from the state pension fund. Very wise Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-21-2010, 02:56 AM	#15
triarmarm Join Date Oct 2005 Posts 369 Senior Member	Yes, actually. Much more so than when doing physics research. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

06-21-2010, 06:51 AM	#16
CVEGK7mV Join Date Oct 2005 Posts 459 Senior Member	Yes, actually. Much more so than when doing physics research. Sure, but when the dark matter aliens come to invade, you'll be wishing you were on the team constructing the anti-tachyon ray. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-21-2010, 08:02 AM	#17
rorsvierwelia Join Date Oct 2005 Posts 491 Senior Member	KH will be trying to sell them derivatives on the earth resistance defeating them. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-21-2010, 08:05 AM	#18
mudozvonf Join Date Oct 2005 Posts 426 Senior Member	Why would I have to do that? We'd already be in their good graces for inviting them in while shorting Homo Sapiens. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-21-2010, 08:26 AM	#19
8Zgkdeee Join Date Oct 2005 Posts 457 Senior Member	After all, taking enormous positional bets is how you stay in business for 140 years... Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

06-21-2010, 08:31 AM	#20
markshome23 Join Date Oct 2005 Posts 433 Senior Member	Totally bespoke Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote