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.
Production costs for all four major coin types fell in fiscal year 2014 due to the falling price of copper, one of the primary metals used to make coins. The Mint estimates it saved $29 million this year compared to last year on account of lower copper prices. But it continues to lose money on pennies and nickels. It now costs $1.62 to make a dollar's worth of nickels, and $1.66 to make a dollar's worth of pennies. By contrast it costs only 36 cents to make a dollar's worth of quarters, and 40 cents for a buck of dimes. Paper dollar bills are even more cost-effective.