Plan Benefit Analysis

Choosing The Right Retirement Benefits For Your Executives

Retirement planning for executives seeks to provide a level of retirement income sufficient so that the retired executive can maintain the standard of living enjoyed while employed. At the same time, management and directors of public and privately held companies must be able to demonstrate that their executive benefit programs are appropriate and not excessive.

Given the complex challenges in executive compensation planning, how can companies best evaluate their existing plans while helping executives achieve sufficient post-retirement income?

Through our proprietary REI-SOURCE MANAGEMENT SYSTEM^™, we can help you see through all of your existing qualified, nonqualified and equity plans and prepare actuarial projections of retirement income from all employer-sponsored sources. Bringing it down to the individual participant, you and your company will have the opportunity to see how changes in one program impact other programs. Equally important, our REI-SOURCE MANAGEMENT SYSTEM^™ helps companies comply with Sarbanes-Oxley and other legislative and regulatory requirements and provides supporting evidence of how all of the company’s compensation-related programs interact with each other.

The analysis designed by NYLEX Benefits takes into account a company’s existing and proposed qualified and non-qualified retirement plans, as well as the effect of Social Security and federal, state and local taxes. The REI-SOURCE MANAGEMENT SYSTEM^™ is an interactive model, so it can demonstrate the effects of various benefit plan designs and potential future economic changes. This permits a company to tailor its executive benefits program to best meet specific company needs.

Many companies have found that our REI-SOURCE MANAGEMENT SYSTEM^™ is useful in designing an efficient and cost-effective executive benefits program that will supplement qualified plan benefits and provide executives sufficient income for their post-retirement years.