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777 Arthur Godfrey Road
Suite 320
Miami Beach, Florida 33140

Telephone 305.532.3200
Telecopier 305.535.0050
info@cypen.com

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Cypen & Cypen is a general civil practice firm that has served Miami Beach and Florida for over 60 years. Founded by former Miami-Dade circuit judge Irving Cypen, the firm is "AV" rated in Martindale-Hubbell. Among the wide range of areas in which the firm practices are probate, estate planning, wills and trusts, real estate, condominium law, general civil and probate litigation, appeals, municipal and governmental law, administrative law and pension law. The firm is general counsel to over 30 local government employee (including Police and/or Firefighter) pension funds across the State of Florida, and publishes a newsletter reporting on developments in pension and related law.

JULY 17, 2008 NEWSLETTER HIGHLIGHTS

MIAMI-DADE COUNTY WANTS TO TAKE OVER ALL MUNICIPAL FIRE PROTECTION AND RESCUE SERVICES

DB PLANS’ FUNDING RATIOS IMPROVE

HAMES FEDERAL APPELLATE DECISION WILL REMAIN “UNPUBLISHED”

MOST MIDDLE CLASS RETIREES WILL OUTLIVE RETIREMENT SAVINGS

TO REACH THE GOAL, RETIREMENT EDUCATION NEEDS TO DEFINE SUCCESS AND TAP INTO MOTIVATION

IS YOUR FUND’S WEB SITE READY FOR THE 21ST CENTURY?

NO INTEREST ON “DELAYED” PAYMENT OF DEATH BENEFITS

DB VS. 401(K) PLANS -- INVESTMENT RETURNS FOR 2003-2006

ARE PENSION FUNDS BEING LEFT AT THE ALTAR?

GLOBAL ALTERNATIVES SURVEY

GOVERNMENT ACTIONS COULD ENCOURAGE MORE EMPLOYERS TO OFFER IRAS TO EMPLOYEES

THE TREASURY DEPARTMENT RELEASES ISSUE BRIEF ON SOCIAL SECURITY REFORM

SURVEY OF PRE-RETIREE KNOWLEDGE OF FINANCIAL RETIREMENT ISSUES

TWO WORKING PAPERS FROM PENSION RESEARCH COUNCIL

LAW ENFORCEMENT OFFICERS SAFETY ACT OF 2004

GAO RECEIVES “CLEAN OPINION”

HUMOR FOR LEXOPHILES

QUOTE OF THE WEEK

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