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American Workers Encouraged to Know Their Benefits; National Employee Benefits Day Secured to Prompt Education, Awareness.


Business Editors

BROOKFIELD Brookfield.

1 Village (1990 pop. 18,876), Cook co., NE Ill., a residential suburb of Chicago; inc. 1893. The noted Chicago Zoological Park (Brookfield Zoo) is there.

2 City (1990 pop. 35,184), Waukesha co., SE Wis.
, Wis adv. 1. Certainly; really; indeed.
v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis.
.--(BUSINESS WIRE)--March 29, 2004

President Bush recently declared April 2, 2004, to be National Employee Benefits Day. In recognition of the day, the International Foundation of Employee Benefit Plans, a non-profit educational association for benefit practitioners throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada, is encouraging American workers to develop a better understanding of their employee benefits. Through education, individuals can gain an enhanced appreciation of their benefits while positioning themselves to take on a more active role in their retirement and health care planning.

"National Employee Benefits Day comes at an ideal time, as issues like rising health care costs and retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional.  dominate headlines around the country," said Michael Wilson Michael Wilson may refer to:
  • Michael Wilson (photographer)
  • Michael Wilson (basketball), former player of the Harlem Globetrotters and the University of Memphis, also known as 'Wild Thing'
, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the International Foundation. "We're hoping this national day of recognition, coupled with recent media coverage, will spur American workers to learn more about their employee benefits."

In conjunction with National Employee Benefits Day, the International Foundation is recommending employees utilize the educational tools provided by their benefits managers and financial planners Financial Planner

A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals.
. A variety of literature and Web sites are readily available, which provide individualized in·di·vid·u·al·ize  
tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es
1. To give individuality to.

2. To consider or treat individually; particularize.

3.
 estimates of retirement income, the amount needed to retire and tips for living a healthy lifestyle. "To fully appreciate their benefits, employees must also gain an understanding of their value," Wilson added. "Many people don't realize, for example, that employees received an average of $18,000 worth of benefits in addition to wages in 2003. Without question, employee benefits are an important resource that improves the quality of life for workers around the nation."

EDITORS NOTE:

Experts in the areas of healthcare and retirement issues are available for comment on National Employee Benefits Day. To arrange an interview, contact Stacy Van Alstyne at 262-786-6710, ext. 8217 or stacy@ifebp.org.

The International Foundation provides education, information and research services for 35,000 members that work with employee benefit and compensation plans. The organization's members include benefit managers and human resource directors in the private sector, as well as administrators, management and labor trustees of multiemployer and public employee benefit plans. Professionals who consult on benefit or compensation plans, such as accountants, actuaries and attorneys also frequently turn to the Foundation for information and education.

For additional information about the International Foundation of Employee Benefit Plans, call 262-786-6700 or visit the organization online at http://www.ifebp.org
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 29, 2004
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