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.
(1938-2017) With an exception of the War Nickels 1942-1945 (56% copper, 35% silver, and 9% manganese minted during World War II) it has always contained 75% copper and 25% nickel. The nickel is one of the most valuable coins minted in terms of its actual intrinsic metal value. At the time this article was written the coin is worth .07 or .08 each. Because of this there is a melt ban in place on nickels to prevent people from buying thousands of dollars worth of these coins, and melting them down for a hefty profit. The Jefferson nickel is 21.21 mm in diameter and weighs 5 g. Since it has always lacked much intrinsic value it does not have a reeded edge like other white metalic coins, and thus there is no reason for persons to scrape it's metal edges for shavings.