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- Title
Nonqualified Deferred Compensation Plans: Communication, Administration and Recordkeeping Requirements.
- Authors
Catagnus, Charles F.
- Abstract
This article discusses the challenges that employers can expect to encounter when beginning a non-qualified deferred compensation plan. The author begins with a background of such plans followed by examples of typical plan designs. More specificity is given to issues that arise in the areas of communication, administration and recordkeeping requirements concluding with coordination of benefits with qualified plans, solicitation of participation by the executive and distribution of benefits at the time of payment eligibility.
- Subjects
NONQUALIFIED pension plans; DEFERRED compensation; EXECUTIVE compensation; COMMUNICATION; EMPLOYEE benefits; EMPLOYERS
- Publication
Benefits Quarterly, 1998, Vol 14, Issue 3, p69
- ISSN
8756-1263
- Publication type
Article