Steven H. Sholk



  • Friday, February 1, 2008
    Defined benefit pension plans are a world unto themselves. The plans generally provide for an annual benefit equal to a percentage of an employee's compensation multiplied by the employee's years of service. The amount of the annual benefit and the annual compensation considered in calculating the annual benefit are limited by the tax laws. In addition,...
  • Wednesday, September 1, 2004
    A principal method corporations use to engage in campaign activity is the political action committee ("PAC"). The corporation forms a PAC composed of corporate officers, who are appointed to the PAC by the corporation's board of directors. The PAC solicits contributions from employees, and decides which candidates will receive contributions from the PAC.