What's New

What's New - December 1998

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What's new at EBRI this month:

EBRI's 1998 Annual Report

Small-Business Owners React to Social Security Individual Accounts: A new survey released by EBRI December 7 finds that most small-business owners are unaware of how they might have to help operate Social Security individual accounts, and one-fifth of those who favor them are unwilling to pay any extra administrative costs.

EBRI Issue Brief, December 1998: "Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 1998 Current Population Survey"

The Hurdles to Privatizing Social Security: EBRI's November 1998 Issue Brief examines "Individual Social Security Accounts: Issues in Assessing Administrative Feasibility and Costs." The analysis -- the first of its kind -- provides specific information about how and why individual investment accounts would require fundamental changes in the way the existing Social Security system is operated, how those changes would affect employer administrative complexity and cost, and how long it might take to implement a new system due to the diversity of the U.S. workforce.

Consumer Health Education Council (CHEC): The Employee Benefit Research Institute Education and Research Fund  has posted the Srategic Plan of CHEC and a CHEC Tools and Resources page.

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What's new in employee benefits:

  • The American Compensation Association provides listings of human resources-related congressional bills with links to the bills and to background information on the bills.
  • Click here for the latest News Online compiled weekly by the staff of Pensions & Investments.
  • Late-breaking news items from the weekly publication Business Insurance are posted every Friday before the Monday issue date.
  • Click here for the latest available issue of the Washington Status Report from the research staff of Hewitt Associates.
  • Click here for the daily edition of the Society for Human Resource Management's newspaper, HR News Online.

If your computer does not already have the free Adobe Acrobat viewer software to read PDF files, click here for the one-time download necessary to read PDF publications.

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(12/29/98) The Heritage Foundation has released three policy papers on Social Security reform:

(12/24/98) The Economic Status of the Elderly on the Eve of Social Security Reform by Timothy M. Smeeding and James P. Smith has been posted on the Democratic Leadership Council's site.

(12/23/98) The Pacific Research Institute for Public Policy has posted the executive summary and the full report: How Social Security Short-Changes Women by Naomi Lopez with Dominique M. Lazanski.

(12/22/98) The American Institute of Certified Public Accountants released an analysis of the major options to reform Social Security titled: Understanding Social Security: The Issues and Alternatives.

(12/21/98) The Federal Trade Commission launches an Investment Education Campaign.

(12/21/98) Hewitt Associates has posted: Employers Face Significant Health Care Hikes in 1999 Following Modest '98 Increases.

(12/21/98) Hewitt Associates has released: Survey Results: Employee Stock Purchase Plans in the U.S.

(12/18/98) Click here to read the White House Conference on Social Security participants' statements.

(12/17/98) Health Insurance Coverage and the Uninsured by William S. Custer is available at the Web site of the Health Insurance Association of America (HIAA).

(12/16/98) The latest issue of PolicyWire.com concerns reform of America's Social Security system: The Walls to Reform Are Crumbling.

(12/16/98) Two new policy papers from the Heritage Foundation:  Social Security's Rate of Return: A Reply to Our Critics by William W. Beach and Gareth G. Davis and Why Americans Should Own Their Social Security Retirement Benefits by David C. John.

(12/15/98) The U.S. Census Bureau has posted Employee Retirement Systems of State and Local Governments. The Internet tables show data on state and local government employee retirement systems summarized for the nation and each state, for fiscal year 1996-1997.

(12/14/98) The National Center for Employee Ownership (NCEO) provides an abstract and a brief except from Wealth and Income Consequences of Employee Ownership, which presents significant research on employee stock ownership plans (ESOPs).

(12/11/98) This Week in IntellectualCapital.com: Who Should Invest Social Security? by Michael Calabrese considers the future of social insurance in America. The discusssion, which includes a comment from Dallas Salisbury, is followed by a special moderated discussion section for those who wish to comment.

(12/11/98) Defined Benefit vs. Defined Contribution, a comparison chart by Kelly Olsen and Jack VanDerhei reprinted from the Employee Benefit Research Institute's Special Report and Issue Brief Number 190 is available at Workforce Online.

(12/10/98) Dr. Frank McArdle shares his insights on public policy initiatives of interest to College and University Personnel Association members: McArdle Predicts That 1999 Will Be Year of Reform.

(12/9/98) "The Costs of Managing Individual Social Security Accounts" is a recent Backgrounder from the Heritage Foundation by David C. John and Gareth G. Davis.

(12/9/98) Employment Policy Foundation's December 1998 edition of Fact & Fallacy: Contemporary Issues in Employment and Workplace Policy discusses "The Advantages of Social Security Privatization."

(12/8/98) Click here to read Social Adequacy and Individual Equity in Social Security, Fall 1998 Issue Brief from the American Academy of Actuaries.

(12/8/98) 401(k) Plan Sponsorship Growth 1994-1998, a study by the Profit Sharing/401(k) Council of America in conjunction with Booz-Allen & Hamilton, Inc., was conducted to determine the frequency of 401(k) plan sponsorship among companies with 100 or more employees.

(12/7/98) The Joint Committee on Taxation of the U.S. Congress has published its Summary Of Revenue Provisions Contained In Legislation Enacted During The 105th Congress. See also the Errata issued by the Committee.

(12/7/98) Crossing the Line: More 401(k) Plan Sponsors are Taking Investment Education a Big Step Further by Offering Employees Advice is the title of an article in the December 1998 issue of CFO Magazine.

(12/4/98) Click here for information on the White House Conference on Social Security to be held December 8-9 in Washington, D.C.

(12/2/98) "In response to growing concerns about understanding the impact of regulation on consumers, business, and government, the American Enterprise Institute and the Brookings Institution have established the new AEI-Brookings Joint Center for Regulatory Studies. The primary purpose of the Center is to hold lawmakers and regulators accountable for their decisions by providing thoughtful, objective analyses of existing regulatory programs and new regulatory proposals."

(12/2/98) You can now access Brookings Institution Policy Brief #40 by Michael Kremer, Restructuring Social Security Taxes, on the Web.

(12/1/98) The Effect of Raising the FICA Tax in 1999: An Econometric Analysis is available on the Web site of the National Association of Manufacturers.

(12/1/98) Click here to read "A Benefits Scheme for New Media's Freelance Warriors, " a daily briefing on BusinessWeek Online November 23, 1998.

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Updated 12/31/98