ERISA (the Employee Retirement Income Security Act of 1974) is a Federal law which deals with. employee benefit plans, both Qualified Retirement Plans (e.g., pension and profit sharing plans) and. Welfare Benefit Plans (e.g., group insurance and other fringe benefit plans). The goals of ERISA are. to provide uniformity and protections to employees.
The CME uses pounds to price these metals, that means we need to multiply the metal price by .00220462262 to make the conversion to grams. 2. 3. $0.0144118 is the melt value for the 1909-1982 copper cent on August 17, 2016. â Calculate the value of your own coins.
Remember that the copper rounds are currently trading about $2-$4 per troy ounce. Copper prices however are quoted in pounds, not troy ounce. Since there are about 14.5 troy ounces per pound, the mints that produce these rounds are getting between $29 and $58 dollar per pound for their copper rounds. When it comes to the quarter ounce rounds, the return is $116 to $232 dollars per pound for copper. At last check, copper was selling for $4.38 per pound.