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.
When it comes to copper I am at a loss with the math. 16 ounces equal a pound and as of this writing copper is trading at $3.68 per pound. Technically an ounce of copper should be 23 cents. I have been searching eBay and other sites for a one ounce bar of copper, but the lowest price I can find is $2.00. If each ounce of copper was worth 2 dollars, then each pound of copper should be $32.