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Question 1. 1. (TCO A) Many employees feel as though they
are entitled to both legally mandated and discretionary benefits. How would you
break down the origins of employee benefits in the United States to an employee
with this type of attitude? (Points : 30)

Question 2. 2. (TCO B) Briefly outline the key provisions of
the Pension Protection Act of 2006. (Points : 30)

Question 3. 3. (TCO C) Your organization’s CEO is
considering implementing a life insurance policy for employees and needs your
advice. Briefly discuss the two types of life insurance policies offered in the
United States and the major differences between the two. Make a recommendation
for your CEO as to which plan would be best for your organization and why.
(Points : 30)

Question 4. 4. (TCO D) Your company’s CEO is interested in
implementing a new dental plan for employees and has asked you to do some
research. The CEO wants you to report back to him in 3 weeks with the following
information: What are the three main types of dental care plans? Discuss each
plan and make a recommendation for your company. (Points : 30)

Question 5. 5. (TCO E) Your organization is considering
offering a flexible benefit plan but has been advised that it could create a
higher risk for adverse selection. Discuss the issue of adverse selection, and
provide an example of how it occurs. Discuss three approaches you might use to
reduce the risk of adverse selection in a cafeteria plan. (Points : 30)

Question 6. 6. (TCO F) You have recently been hired as an
employee benefit consultant and have been asked to recommend the establishment
of either a defined contribution or a defined benefit plan. Given the following
employer objectives, which type of plan would you recommend? Specify the type
of retirement plan you would recommend. Explain how your recommendation would
handle the employer’s objectives.
Employer objectives include

majority of employees are young;
would like to encourage long potential service;
concerned about providing retirement income, capital
accumulation, and/or estate benefits; and
concerned about limiting their funding costs and
administrative expenses.
(Points : 30)

Question 7. 7. (TCO G) Legally, employers must provide some
disclosure information regarding their benefits plan as spelled out by ERISA.
One of those requirements includes a summary plan description, or SPD. What is
an SPD? Briefly discuss the information that SPDs must provide. (Points : 30)

Question 8. 8. (TCO H) Family assistance programs help
employees with caring for loved ones, both young and old. Briefly describe the
three types of family assistance programs and their benefits. (Points : 30)

Page 1Question 1. 1. (TCO A) Many employees feel as though they
are entitled to both legally mandated and discretionary benefits. How would you
break down the origins of employee benefits in the United States to an employee
with this type of attitude? (Points : 30) Question 2. 2. (TCO B) Briefly outline the key provisions of
the Pension Protection Act of 2006. (Points : 30) Question 3. 3. (TCO C) Your organization’s CEO is
considering implementing a life insurance policy for employees and needs your
advice. Briefly discuss the two types of life insurance policies offered in the
United States and the major differences between the two. Make a recommendation
for your CEO as to which plan would be best for your organization and why.
(Points : 30) Question 4. 4. (TCO D) Your company’s CEO is interested in
implementing a new dental plan for employees and has asked you to do some
research. The CEO wants you to report back to him in 3 weeks with the following
information: What are the three main types of dental care plans? Discuss each
plan and make a recommendation for your company. (Points : 30) Question 5. 5. (TCO E) Your organization is considering
offering a flexible benefit plan but has been advised that it could create a
higher risk for adverse selection. Discuss the issue of adverse selection, and
provide an example of how it occurs. Discuss three approaches you might use to
reduce the risk of adverse selection in a cafeteria plan. (Points : 30) Question 6. 6. (TCO F) You have recently been hired as an
employee benefit consultant and have been asked to recommend the establishment
of either a defined contribution or a defined benefit plan. Given the following
employer objectives, which type of plan would you recommend? Specify the type
of retirement plan you would recommend. Explain how your recommendation would
handle the employer’s objectives.Employer objectives includemajority of employees are young;would like to encourage long potential service;concerned about providing retirement income, capital
accumulation, and/or estate benefits; andconcerned about limiting their funding costs and
administrative expenses.(Points : 30) Question 7. 7. (TCO G) Legally, employers must provide some
disclosure information regarding their benefits plan as spelled out by ERISA.
One of those requirements includes a summary plan description, or SPD. What is
an SPD? Briefly discuss the information that SPDs must provide. (Points : 30) Question 8. 8. (TCO H) Family assistance programs help
employees with caring for loved ones, both young and old. Briefly describe the
three types of family assistance programs and their benefits. (Points : 30)