2014 Calendar of Events - NAIFA Columbus


Wednesday, January 15, 2014

NAIFA-Columbus Membership Breakfast
"Guide to the Markets - End of Year Update"
8:00 a.m. - 9:15 a.m.
Speaker: Brady Green JP Morgan Chase
Cost: Free for NAIFA-Columbus Members / $25 for Guests / Non-Members
Location: J. Liu Restaurant, 6880 N. High Street, Worthington OH 43085 

CE Seminar (Offering 2 Hours of CE Credit)
"Qualified Retirement Plan Solutions to Benefit Key Employees""
9:30 a.m. - 11:30 a.m.

Brian Cahal, Cristabelle Cook and Kevin Quinn, Principal Financial Group
Cost: FREE for NAIFA-Columbus Members / $35 for Guests or Non-Members
Location: J. Liu Restaurant, 6880 N. High Street, Worthington 43085

Thursday, January 23, 2014

New Member Orientation
4:00 p.m. -  6:00 p.m.
Cost: No cost to attend.
Beer, wine and appetizers will be served
Location: J. Liu Restaurant, 6880 N. High Street, Worthington OH 43085

Tuesday, FEbruary 18, 2014

Annual IFAPAC Reception
6:00 p.m. - 8:00 p.m.
(optional tour of Ohio Stadium included from 5:30 p.m. to 6:00 p.m.)
Cost: $95 per person (Must be personal check from NAIFA member made payable to IFAPAC)
Location: University Suite in Ohio Stadium, 411 Woody Hayes Drive, Columbus

Wednesday, March 19, 2014

8:00 a.m. - 9:15 a.m.
Cost: FREE for NAIFA-Columbus Members / $25 for Guests or Non-Members
Location: J. Liu Restaurant, 6880 N. High Street, Worthington 43085

CE SEMINAR (offering 2 hours of CE credit)
9:30 a.m. - 11:30 a.m.
Cost: FREE for NAIFA-Columbus Members / $35 for Guests or Non-Members
Location: J. Liu Restaurant, 6880 N. High Street, Worthington 43085

Wednesday, May 21, 2014

CE SEMINAR (offering 2 hours of CE credit)
9:00 a.m. - 11:00 a.m.
Cost: FREE for NAIFA-Columbus Members / $35 for Guests or Non-Members
Location: J. Liu Restaurant, 6880 N. High Street, Worthington 43085

11:30 a.m. - 1:00 p.m.
Cost: FREE for NAIFA-Columbus Members / $25 for Guests or Non-Members
Location: J. Liu Restaurant, 6880 N. High Street, Worthington 43085



By: Jonathan Codispoti
Membership Committee Chair


John Fonner joined the Columbus General Office of New York Life in July, 2013 after a long career in commercial real estate and economic development throughout Ohio and Kentucky. John is successfully leveraging his extensive professional and personal network to bring New York Life’s portfolio of employee insurance benefits and retirement products into school districts, county and municipal governments, non-profits and small businesses. 

Fonner grew up in West Virginia and graduated from the Ohio State University. He served as an officer in the US Army before beginning his civilian career in Cincinnati, Ohio where he worked for Duke Realty, BHDP Architecture and the Greater Cincinnati Chamber of Commerce. He moved to Columbus in 2009 to work for the State of Ohio at the PUCO and the Department of Transportation before joining New York Life.  John says, “I’ve been a networker and a problem solver my entire career. The insurance industry is a perfect fit for me and New York Life is a great company to work for. I’m glad we found each other.”

John is active in the community as a Vestry member of St. Stephen’s Episcopal Church and enjoys baking bread for communion and for his own table. He hosts a monthly ukulele meet-up and plays traditional country and old-time music on ukulele and tenor guitar with friends and at jams throughout Columbus. He collects, repairs and resells vintage ukuleles and other fine things through his small company, Bud Whitley’s Garage. John frequently wears bow ties because they make people smile; reportedly, John will go to great lengths to make his friends and clients smile.


Join NAIFA-Columbus

Join NAIFA-Columbus

January 2014 Meeting

Membership Breakfast and CE Seminar

Wednesday, January 15, 2014
8:00 a.m. – 11:30 a.m.
J. Liu Restaurant, 6880 N. High Street, Worthington OH

Membership Breakfast Meeting w/2013 NAIFA Quality Awards

General Market Update
Time: 8:00 a.m. – 9:15 a.m.
Speaker: Brady Green, J.P. Morgan

Free for NAIFA-Columbus Members / $25 for Non-Members/Guests  - Register: 740.879.4456

Brady Green will share insights on today’s most critical economic and investment topics.  He will highlight the newest pages of the Q1 Guide to the Markets, discuss the current market environment and share the J.P. Morgan Asset Management market outlook. He will also facilitate a conversation around the most pressing issues in the markets.  Brady Green is a Client Advisor with JPMorgan Asset Management.  In this role, Brady is responsible for articulating the views and outlook of JPMorgan pertaining to the economy and the markets.  He has 7 years’ experience at JPMorgan and 10 years of total industry experience.  Brady obtained a BA in Economics and a BA in Psychology at Otterbein College in Westerville, OH.


CE Seminar - Offering 2 Hours of CE Credit

Time: 9:30 a.m. – 11:30 a.m
Speakers: Brian Cahal and Kevin Quinn, Principal Financial Group

Hour #1: “Qualified Retirement Plan Solutions to Benefit Key Employees”
Hour #2 “Solutions for the Highly Compensated”

Free for NAIFA-Columbus Members / $35 for Non-Members/Guests  - Register: 740.879.4456

Brian Cahal is responsible for wholesaling employer-sponsored retirement plan products and services including 401(k), 403(b), 457 Defined Contribution plans, Traditional and Cash Balance Defined Benefit plans, Nonqualified Plans and Employee Stock Ownership Plans throughout central and southern OH.  He consults and partners with financial advisors/brokers in major wire-houses, independent firms, banks and Third Party Administrators to provide retirement plan solutions based on employer’s needs.  Prior to joining The Principal, Brian was employed for 3 years with Fidelity Investments as VP/Account Executive prospecting and developing new corporate business for their Stock Plan Services unit.  Before that, he spent 13 years with Paychex, Inc. as a Retirement Services Sales Representative / Sales Manager throughout the Midwest calling on business owners and Financial Professionals consulting on Retirement Plan Design and Recordkeeping Services.  He is a 1990 Graduate of Ohio University and maintains the following industry licenses; Series 7 & 63 securities registrations, OH, KY, IN, PA Life & Variable Products License and OH, KY, IN, PA  Accident and Health License.

Kevin Quinn graduated from the College of the Holy Cross in Worcester, Massachusetts in 1981.  He began his insurance career as a Disability Claims Analyst with Paul Revere Insurance Company in June 1981.  In his claims analyst position, Kevin dealt every day with people who were unable to work due to unexpected sickness or injury and that’s where he first developed his passion for the disability insurance business.  In 1983, Kevin moved into the Disability Marketing Division and held several positions there before moving to Columbus, Ohio in 1988 to become a Brokerage Sales representative with Paul Revere.  He became Brokerage Manager in 1992.  Kevin qualified for Paul Revere’s top sales club on three occasions and was named President of the Brokerage Advisory Council in 1996.  In 1997, Kevin joined Principal Financial Group as Regional Vice President of Disability Sales covering Ohio and Indiana.  Kevin works with producers to provide, sales, marketing, training and case design support to increase the awareness of, and the need for disability insurance, and to help producers increase their DI sales.  He is a 13 time qualifier of Principal’s Recognition Circle Club.

Sponsored by:

IFAPAC Reception

National Committee Report

Cort Bradbury, National Committee-person

Cort Bradbury


NAIFS'S Unique Franchise...voters, taxpayers, job creators in every state and district

House of Representatives Approves FY 2014, FY 2015 Budgets

On December 12, the House of Representatives approved a budget agreement (H.J.Res.59) reached on December 10 by the House and Senate Budget Committee chairs. The compromise won an almost equal amount of support from Republicans and Democrats. Of the 332 “aye” votes, 169 came from the GOP while 163 came from Democratic lawmakers.

The Senate is slated to vote on the agreement the week of December 16. The President announced his support for it, and is expected to sign it into law prior to year-end. The agreement creates a Congressional budget for fiscal years (FYs) 2014 and 2015. It sets limits on federal spending for those two fiscal years, and enacts into law a package of “sequester savings” comprised largely of increased fees.

Triggered by a desire to avoid another potential government shut-down when current funding authority expires on January 15, 2014, H.J.Res.59 paves the way for an appropriations bill in early January. That is the legislation that will actually fund the government for the remainder of FY 2014 (i.e., through September 30, 2014). Additional spending legislation will be needed by October 1, 2014, to fund the government for FY 2015, but H.J.Res.59 sets the parameters for that legislation, too.

The agreement limits overall federal spending in FY 2014 to $1.012 trillion and in FY 2015 to $1.014 trillion. The $85 billion revenue portion of the package contains $63 billion in “sequester relief,” split evenly between defense and non-defense programs; and deficit reduction (over and above the level set by sequester cuts) of some $23 billion.

The agreement’s budget savings allow for the higher spending (and a reordering of the across-the-board sequester-mandated spending cuts) than the level mandated by the sequester ($1.012 trillion instead of $967 billion in FY 2014). The funds for the additional spending as well as the savings come from the $85 billion revenue package. The revenue comes from changes to what House Budget Committee Chair Rep. Paul Ryan (R-WI) calls federal “auto pilot spending.”

The agreement contains no tax increases, and no entitlement reforms. It does allow for tax reform, but does not include any instructions or protected procedures for doing tax reform.

PBGC Premium Increase: The “auto pilot” spending changes include 22 items. Among them is an increase in premiums paid to the Pension Benefit Guaranty Corporation (PBGC) by defined benefit (DB) pension plan sponsors. The new premium levels will be $57 per plan participant in 2015 and $64 per plan participant in 2016.  Variable rate premiums will go up by $5 in 2015 and by another $5 per plan participant in 2016. These premium levels are indexed to the growth in wages.

The package also contains an increase in the amount newly-hired federal employees will have to contribute to their pension plans, and restrictions on access to the government’s master death file—something that could impact life insurers.

NAIFA Staff Contact: : Diane Boyle, Vice President—Federal Government Relations, at (703) 770-8252, or Judi Carsrud, Director—Federal Government Relations, at (703) 770-8155.

CCI Corner

by Shawn Combs, CCI

Modernizing BWC – The plan to optimize the premium collection model

BWC is transitioning to a billing system that will provide more flexibility for employers while reducing overall systems costs. This change aligns BWC with standard industry practice and enables us to collect premiums before extending coverage. This transition becomes effective July 1, 2015, for private employers, and Jan. 1, 2016, for public employers. This conversion is part of BWC’s ongoing efforts to modernize its operations and provide better service to Ohio’s employers.

The benefits of prospective payment

A switch to a prospective billing system could provide the following benefits to Ohio employers:

  • Overall base rate reduction of 2 percent for private employers and 4 percent for public employers;
  • Opportunities for more flexible payment options (up to 12 installments);
  • Better opportunities for BWC to provide quotes online or via the phone;
  • Fewer costs from employers who either don’t pay premiums timely or have workers injured without coverage being mutualized among employers in good standing;
  • Increased ability for BWC to detect employer non-compliance and fraud.
How it will work

Ohio employers will see a few modest changes as this transition takes place. They are:

  • Earlier opportunities to sign up for incentive programs - Beginning in the fall of 2014, employers looking to participate in programs such as group rating, group-retrospective rating or other rating plans will have the opportunity to make those selections sooner;
  • A one-time credit in July 2015 - An average employer will enjoy a one-time premium credit, as BWC will cover his/her August payroll report (covering the January to June 2015 premium) as well as the first two-month’s (July and August) prospective premium;
  • A new payment schedule - Employers will receive their invoice in June and begin paying premiums before July 1. While that is earlier than before, all employers will be able to make at least quarterly payments, and some employers will be able to pay up to as many as 12 installments;
  • A true-up process - Because BWC is providing workers’ compensation insurance coverage based on estimated payrolls, we will ask businesses to report or “true-up” their actual payroll for the prior policy year. This begins in August 2016.

Fact sheet December 2013  -  For Printed Copy 

Community Service

By: Robert Johnson III

NAIFA-Columbus Members Provide Community Service

Thank you to the following volunteers for helping with our annual Salvation Army Bell Ringing on Saturday, December 21 at the Kroger at Polaris Pkwy and Sancus Blvd:

Michael Cohen
Matt Clark
Jon Berniger
Bob Johnson
Jim Rudolph
Marty Luxeder

Cathy Bell, Kettle Coordinator for the Salvation Army, sent the following thank you as well…

NAIFA Red Kettle Team,

Thank you for organizing your associates to ring the bell and cover the Kroger Polaris kettle stand.  Your group raised $804 in donations, big, big kettle day!  Please pass on our thanks to your ringing team, we appreciate everyone's time, energy and personal support.

Donations from your kettles (I heard your group needed a second kettle) stay in Central Ohio and help people all year.  This year we are especially in need of funding to help families with basic needs and you can be assured we efficiently use these donations to make an impact in our community.  I've included a picture book of THANKS - volunteers make a difference!  Thank you again and best wishes in 2014 :-)


YAT Event Highlights



On December 5th, NAIFA-Columbus held a YAT event at Yogi’s Bar and Grill in Dublin from 6:00 p.m. to 9:00 p.m.  Veteran members, young members and new members of NAIFA attended this event where they were able to network and socialize in a relaxed setting.

Thank you to Michael Davis with John Hancock, The Pension Design Group, Matt Ferris with Ferris Financial, LLC and Joe Loudenslager for sponsoring this event.

November Membership Meeting Highlights

Ben Klemann and Duane Borcherding








On November 20th, NAIFA-Columbus held their Membership Luncheon Meeting at J. Liu Restaurant in Worthington.  During this luncheon, Ben Klemann with SunAmerica discussed “Social Security…What You Need to Know.”  Past President Leena Rosile collected canned goods and donations for the Mid-Ohio Food Bank.

President Duane Borcherding gave his President’s Message; Jonathan Codispoti provided a membership report and Michael Cohen provided a YAT committee report.  Past President and Community Service Chair Bob Johnson presented the November Educator of the Month Award to Angela Windau, a teacher at DeSales High School.

A two-hour CE seminar was held prior to this luncheon from 9:00 a.m. to 11:00 a.m.  Michelle Prather with The State Life Insurance Company, a OneAmerica Company, discussed “Advanced Solutions for Long-Term Care Funding.”

Thank you to Nancy Lower with Berson-Sokol Agency, Inc. for sponsoring this event!