The EBSA recently released lea relief newsflash (FAB) No. 2010-01 in an toil to offer clarification of a while ago released trim 5500 reporting redress in place of ERISA covered 403(b) plans. This clarification embodys additional communication on how map out subsidizes can verify whether or not their 403(b) grouping is considered an ERISA covered drawing.
system backers go on to contend with the ERISA versus non-ERISA eminence of their plans.
If you are a performing clevernesss institution and own abundant expenses relating to advertising as people to purchase tickets through despite the performances, it would promulgate sentiment to functionally allocate those expenses to program activities, righteous?
“Concerns that Greece and other struggling European nations may not be able to repay their debts are focusing attention on another bug worry: Economies across the Continent have used complex financial transactions–sometimes in secret–to hide the true size of their debts and deficits. … Despite criticism, european leaders deemed many of these moves acceptable as they sought the long-planned currency union. … In 2000, Grrece reported that it spent E828 million ($1.13 billion) on the military–about a fourth of the E3.17 billion it later said it spent. Greece admitted to underreporting military spending by E8.7 billion between 1997 and 2003. Portugal classified subsidies to the Lisbon subway as equity purchases. But even though the swaps prettied up the accounting, they didn’t affect the underlying economics: A drop in the euro would leave Greece with a losing swap position. In 2000 and 2001, that happened, according to people familar with the situation”, my emphasis, Charles Forelle and Susanne Craig at the WSJ, 22 February 2010, link:
Countries lie? About military spending? But the US spends 45% of the world’s total. Sure.
“While nine out of 10 white students routinely get their diplomas within six years, only seven out of 10 black students made it to graduation day in several recent classes. … The [US] once had the highest graduation rate of any nation. Now it stands 10th. For the first time in American history, there is the risk that the rising gneration will be less educated than the previous one. … Studies show that more and more poor and nonwhite students aspire to college–but their graduation rates fall far short of their dreams. … As the minority population grows in the [US], low college-graduation rates become a threat to national prosperity. … The most selective private schools–Harvard, Yale, and Princeton–show almost no gap between black and white graduation rates. … With effort and money,
the graduation gap can be closed“, my emphasis, Evan Thomas and Pat Wingert at
Newsweek, 1 March 2010, link:
http://www.newsweek.com/id/233843.
What nonsense. Newsweak should compare our current 18-year olds’ educational attainments to that of say our new peer group countries, like Mexico. That the “Big Three” graduate NAMs at about the rate of non-NAMs is no surprise. They get the pick of the liter. Our second and third tier colleges admit NAM students who I think have as much business going to college as I do playing in the NBA. College is a waste of money for many, if not most current students. Reduce standards sufficiently and all can graduate. We can make college a “Caucus Race” like that of Alice in Wonderland. Pardon me. That already happened.
