Another in a series of articles related to association management selected from our reading list by:
Robert O. Patterson, JD
CEO/ Principal
The Center for Association Resources, Inc.
From The NonProfit Times:
It would be easy for nonprofit management to ignore the requirements associated with employee benefit plans, such as retirement plans. Easy, but very mistaken.
As defined pension plans fall by the wayside and employees become more actively involved in their retirement funding, employers have to be more aware of sophisticated arrangements that come on the market. Even if workers are making investment decisions, employers still have fiduciary responsibility, as well as requirements imposed by the U.S. Department of Labor and the Employee Retirement Income Security Act (ERISA). Read More
