CCOG for PL 215 archive revision 201501

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Effective Term:
Winter 2015

Course Number:
PL 215
Course Title:
Employee Benefits Programs
Credit Hours:
3
Lecture Hours:
30
Lecture/Lab Hours:
0
Lab Hours:
0

Course Description

Introduces various types of employee benefits programs emphasizing tax qualified retirement plans. Non-qualified plans and other types of employee benefits are covered as time allows. Audit available.

Addendum to Course Description

Includes: 1) reasons for adopting plans; 2) types of plans; 3) legal requirements for plan's tax qualification; 4) plan selection; and 5)implementation of a qualified plan.  An elective satisfying the requirements of either a Legal Assistant Certificate or an Associate of
Applied Science degree.

Intended Outcomes for the course

.

Course Activities and Design

In-class exercises include:  drafting, reviewing and amending of tax-qualified retirement plans; testing plans for discrimination;integrating plans with Social Security; drafting summary plan descriptions; comparing tax implications of IRAs and DOL forms;determining and allocating contributions, forfeitures and investment growth; monitoring compliance with fiduciary responsibility rule;completing PBGC forms and procedures required for termination; and preparation, analysis and administration of welfare plans. Weekly assignments.

Outcome Assessment Strategies

Students will take two (2) mid-term examinations as well as a comprehensive final exam.  Exams will be in the form of true/false and multiple choice questions.

Course Content (Themes, Concepts, Issues and Skills)

Students will demonstrate their understanding of the fundamental concepts of employee benefits by:
*    Applying the underlying laws and regulations governing  benefits to varying fact scenarios to achieve client goals,
*    Preparing the required forms, and
*    Computing benefit amounts and filing timelines.