Phased Retirement:
Are You Ready for the Boomers to Retire?
Earn 2.5 HRCI credits.

Wednesday, July 16, 2008
Registration & Continental Breakfast: 8:30 am
Program: 9:00 am - 12:00 pm

Location
The Franklin Institute
20th & Ben Franklin Parkway
Philadelphia, PA

Speakers
Patrick McCallister, AIF®
Vice President
Wachovia Retirement Services

Colin England
Manager of the Wachovia Actuarial and Benefits Consulting Division
Wachovia Retirement Services

Debbi D. Bromley
Vice President, Human Resources
GENEX Services

Program Details:
The Baby Boomers have started to commence their long awaited retirement.

People have been talking about it for years and the predictions vary greatly as to the impact this event will have on the overall economy, as well as specific businesses. So what is your company doing to persuade some of its most valued employees from retiring before you're ready for them to leave? What are other companies doing?

Our program will start by taking a look at the very broad category of "Phased Retirement" and highlight the results of a recently conducted PEBA survey on Phased Retirement that will be provided to all attendees. We will then review the impact the design of your benefits programs and human resources management may have on helping you retain in some fashion the baby boomers you determine vital to your business during this generational event.

The program will conclude with roundtable discussions giving you the opportunity to discuss with peers what phased retirement programs they have in place at their companies and their experiences with them.

Who should attend:
This program is appropriate for all levels of HR professionals, particularly senior level executes who are charged with developing your strategy around your Baby Boomer population.

Speaker Bios:

Patrick R. McCallister, AIF®, Vice President
Wachovia Retirement Services

Patrick joined Wachovia Retirement Services in May 2004 as a Sales Director. He has worked in the employee benefits field for over 22 years and acquired extensive knowledge in health and welfare plans, defined contribution and defined benefit plan design and administration.

Patrick currently serves on the board of directors of PENJERDEL Employee Benefits and Compensation Association (PEBA). Patrick also serves on the board of directors of the American Society of Pension Professionals and Actuaries (ASPPA) Benefits Council of the Delaware Valley. He has also been a guest lector at Villanova Graduate School of Human Resources.

Prior to joining Wachovia, Patrick started his career in various sales and sales management roles with CIGNA Retirement Plans Group and CIGNA Healthcare. Most recently he was with MetLife’s Retirement Plan Group.

Patrick has earned the Accredited Investment Fiduciary® professional designation, awarded by the Center for Fiduciary Studies, which is associated with the University of Pittsburgh. He received his undergraduate degree in business administration from Duquesne University in Pittsburgh, PA.

Colin England, Manager of the Wachovia Actuarial and Benefits Consulting Division
Wachovia Retirement Services

Colin England is the manager of the Wachovia Actuarial and Benefits Consulting division of Wachovia Retirement Services. He started and managed our Reston office. Colin has over 27 years of consulting experience, primarily with retirement plans. In addition to helping clients with the design, funding, accounting and administration of their retirement programs, he is a frequent speaker at seminars on issues such as, mergers and acquisitions, plan terminations, individual retirement planning, employer retirement plan strategies and discrimination testing in retirement programs. He is a leading expert in the termination of defined benefit plans.

Examples of client projects he’s worked on include:

Assisted a company in chapter 11 bankruptcy terminate their plan through an involuntary termination, including negotiations with PBGC and IRS.
Assisted a company in negotiations with the PBGC to terminate their pension plan prior to a bankruptcy filing. Unfortunately, the company had to go through bankruptcy proceedings to successfully arrange for financing and to terminate the pension plan.
Assisting a school district redesign their retirement plans reducing the number of employees retiring and moving to a new district. Negotiated new administrative deals based on information received from employee focus groups. Communicating the changes to employees to help them make the best use of the program.
Assisting employers’ sponsoring defined contribution plans in preparing discrimination tests demonstrating that their plans do not discriminate in favor of highly paid employees, including 401(k), 401(m), 410(b) and 401(a)(4).
Preparing annual valuations for funding and expense for a company’s pension and post retirement medical plans.
Assisting a company in negotiating provisions to protect employees’ future retirement benefits in a merger.
Reviewing the appropriateness of a company’s disability and paid time off plans, in light of the recent sale of a line of business.
Developing a supplemental retirement plan for executives at a large, regional bank.

Colin has worked with a variety of clients from small, professional firms to large, publicly held corporations, not-for-profit organizations (such as charitable organizations, universities and hospitals) and associations and governmental organizations.

Debbi D. Bromley, Vice President, Human Resources
GENEX Services

Debbi D. Bromley, Vice President of Human Resources joined GENEX Services in 2007 and is responsible for the development and management of the human resources and corporate administration functions. She is a member of the Executive Management Team reporting to the President and CEO. Prior to GENEX, Ms. Bromley held increasing levels of human resources management responsibilities for nine years at Independence Blue Cross in Philadelphia, PA. In addition to her experience in healthcare, Ms. Bromley has also held human resources leadership roles in the fields of broadcasting, technology and retail.

Ms. Bromley holds a bachelors degree from Fairleigh Dickinson University where she majored in Psychology and Sociology. In 2003 she graduated for the Philadelphia College of Osteopathic Medicine with a masters degree in Organization Development and Leadership.

Program Coordinators:
Joe Hessenthaler, Principal, Towers Perrin
Patrick R. McCallister, AIF®, Vice President, Wachovia Retirement Services

Fees:
$60 PEBA, ABC and NAAAHR Members/ $95 Nonmembers
Those wishing 2.5 HRCI (PHR, SPHR and GPHR) credits, add $5.00.
Payment must be received prior to admission.

Cancellations:
Cancellations must be received 3 business days before the program to receive a refund or avoid charges.

Driving Directions: - Click Here

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For questions about this or other PEBA events, please call 215-735-9435.

Prior to joining Wachovia, Patrick started his career in various sales and sales management roles with CIGNA Retirement Plans Group and CIGNA Healthcare. Most recently he was with MetLife’s Retirement Plan Group.

Patrick has earned the Accredited Investment Fiduciary® professional designation, awarded by the Center for Fiduciary Studies, which is associated with the University of Pittsburgh. He received his undergraduate degree in business administration from Duquesne University in Pittsburgh, PA.

Colin England, Manager of the Wachovia Actuarial and Benefits Consulting Division Wachovia Retirement Services

Assisted a company in chapter 11 bankruptcy terminate their plan through an involuntary termination, including negotiations with PBGC and IRS.

Assisted a company in negotiations with the PBGC to terminate their pension plan prior to a bankruptcy filing. Unfortunately, the company had to go through bankruptcy proceedings to successfully arrange for financing and to terminate the pension plan.

Assisting employers’ sponsoring defined contribution plans in preparing discrimination tests demonstrating that their plans do not discriminate in favor of highly paid employees, including 401(k), 401(m), 410(b) and 401(a)(4).

Preparing annual valuations for funding and expense for a company’s pension and post retirement medical plans.

Assisting a company in negotiating provisions to protect employees’ future retirement benefits in a merger.

Reviewing the appropriateness of a company’s disability and paid time off plans, in light of the recent sale of a line of business.

Developing a supplemental retirement plan for executives at a large, regional bank.

Colin has worked with a variety of clients from small, professional firms to large, publicly held corporations, not-for-profit organizations (such as charitable organizations, universities and hospitals) and associations and governmental organizations.

Debbi D. Bromley, Vice President, Human Resources GENEX Services

Ms. Bromley holds a bachelors degree from Fairleigh Dickinson University where she majored in Psychology and Sociology. In 2003 she graduated for the Philadelphia College of Osteopathic Medicine with a masters degree in Organization Development and Leadership.

Colin England, Manager of the Wachovia Actuarial and Benefits Consulting Division
Wachovia Retirement Services

Debbi D. Bromley, Vice President, Human Resources
GENEX Services