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2008

March/April 2008

• Feds Hold Tax Roundtable on Governmental Plans; Increased Scrutiny, "Meaningful IRS Presence" in the Works for Public Pension Systems
• House Passes PPA Technicals Without Governmental Plans "Credited Interest" Amendment; Situation Still Unclear
• GASB Announces Formal Review of Governmental Plans Accounting Standards
• NCTR, Other Public Sector Groups Seek Delay of Final IRS "Normal Retirement Age" Regulations
• As Pension Investments in Them Continue to Grow, Hedge Funds Once Again Are Focus of Attention in Washington
• NCTR Files Joint Comments on Implementation of 3% Withholding Tax on State and Local Government Payments to Contractors
• Commissioner of Social Security: "Disability is our Most Pressing Challenge"
• White House Says House-Passed Tax Bill Would Impose New Administrative Burdens on Trustees of HSAs; Veto Threatened
• Executive Compensation Issue Still Alive on Capitol Hill

January/February 2008

• NCTR, NASRA Host Joint Washington Legislative Workshop
• New Economic Stimulus Rebates Approved
• Actuaries Hold NYC Roundtable on Public Pension Plan Disclosure of Market Value of Liabilities
• House Holds Hearing on Impact of GPO, WEP
• NCTR Urges SEC to Identify Companies Acting Contrary to U.S. Foreign Policy, Humanitarian Interests
• Bush Budget Proposes Biogeneric Drug Approval Process
• New "HELPS II" Legislation Drafted; Would Extend $3,000 Retiree Health Benefit to All Governmental Employees
• New Federal Report Says National Healthcare Spending Expected to Continue to Outpace Economic Growth, Increases in General Inflation
• New FMLA Regulations Proposed by DOL
• Study Finds DB/DC Conversion Efforts Linked to Politics, Not Economics
• New Report on 2007 Securities Fraud Class Action Filings: Despite Flurry of Recent Suits, Activity Remains Below Historical Averages