Today’s Federal Register is here.
This article–“Ruling Approaches in IBM Pension Lawsuit”–by Arden Dale for the Associated Press at MercuryNews.com reports that a ruling in the IBM cash balance plan conversion case is forthcoming, with lawyers having submitted their final documents last week to U.S. District Judge G. Patrick Murphy, who is presiding over the case. (See previous posts on the subject here.)
Stock option expensing is becoming a hot topic among presidential candidates, as reported in this article by Laura Kurtzman at MercuryNews.com–“Gephardt backs foes of options expensing.” Also, this article for Reuters by Ben Klayman reports on the call for better valuation methods for stock options by Cisco Systems Inc. Chief Executive John Chambers: “New method to value options essential-Cisco CEO.”
The news is full of benefits issues today. Much more later . . .