Philip Y. Lin, ESQUIRE

Philip Y. Lin, Esquire, is a Director and Senior Counsel at Merrill Lynch & Co., Inc., specializing in U.S. and Chinese pension and investment laws.He advises the companyon its compliance with pension law and other related federal and state regulations.His expertise embraces a broad range of employee benefit arrangements, including qualified retirement plans; 403(b) and 457 plans; SEPs, IRAs and SIMPLE IRAs; welfare benefit arrangements and executive compensation.He is experienced in non-discrimination testing, plan design and other compliance trouble-shooting.Mr. Linalso devotes part of his practice to ERISA fiduciary matters, including prohibited transaction issues, and employee benefits aspects of corporate transactions.In addition, Mr. Lin has handled a variety of litigation matters for clients, including fiduciary issues, age discrimination and benefit denial claims.

Prior to joining Merrill Lynch, Mr. Lin was an attorney with the international law firm of Morgan, Lewis & Bockius, LLP, where he focused his practice on all aspects of employee benefits and executive compensation.

Mr. Lin has served as Special Counsel to the Pension Portability Task Force for U.S. Congressman Earl Pomeroy (D-ND), and has testified before the U.S. Senate Finance Committee on pension law reform issues.He is also an Adjunct Professor of Employee Benefits Law at Temple University School of Law and guest lecturer at China’s TsinghuaUniversity and WuhanUniversity.Mr. Lin has also been retained by the Ministry of Labor and Social Security of the People’s Republic of China as its pension expert and participated in drafting China’s first private pension law and regulations.

Mr. Lin is a prolific author and frequent speaker on employee benefits related subjects, having published articles in such journals as Investment Advisor, Tax Strategies, Journal of Taxation, Journal of Taxation of Employee Benefits, Journal of Tax Exempt Organizations, Pension and Benefits Weekly, and ABA Trust and Investment Magazine. His Chinese-language book U.S. Private Pension System was published by Peking University Press in 2002.Mr. Lin has also spoken at U.S. industry conferences and symposiums such as Securities Industry Association Retirement Plan Conference, Success Forum of International Association of Financial Planners, Investment Company Institute Annual Retirement Plan Conference, American Bankers Association Annual Retirement Conference and International Foundation of Employee Benefits Regional Conference.

Active in professional organizations, Mr. Lin is a member of the American, Pennsylvania, New Jersey and Philadelphia bar associations.

After attending International Politics Institute, where he received his bachelor’s degree in English with distinction in 1982, Mr. Lin received his master’s and juris doctor degrees from TempleUniversity in 1987 and 1991, respectively.

PROFESSIONAL MEMBERSHIPS IN THE U.S.:

Member of the American, Pennsylvania, New Jersey and Philadelphia Bar Associations.Admitted to practice law before the United States Federal Court of Appeals for the Third Circuit, the United States Federal District Courts of Pennsylvania and New Jersey, the Supreme Court of the Commonwealth of Pennsylvania and the Supreme Court of the State of New Jersey. 

PROFESSIONAL ASSOCIATION AND ACTIVITIES IN THE U.S.:

ADJUNCT PROFESSOR, Graduate Tax Program, TempleUniversitySchool of Law.

EXPERT WITNESS, Senate Finance Committee, Hearing on Pension Reform Legislation Issues, July, 1999.Provided expert testimony before Senate Finance Committee on a broad range of pension law reform issues.

SPECIAL COUNSEL, Pension Portability Task Force for Representative Earl Pomeroy (D-ND) for his Retirement Account Portability Act of 1998.Advised Rep. Pomeroy and his legislative staff on statutory structure, regulatory scheme and legal ramifications and impact of the Retirement Account Portability Act of 1998, H.R. 3503, introduced by Reps. Earl Pomeroy and Jim Kolbe (R-AZ) at the 2nd Session of the 105th Congress.

MEMBER, Government Relations Committee, National Defined Contribution Council/SPARKS.

MEMBER, Pension Committee, Investment Company Institute.

MEMBER, Retirement Policy Committee, American Benefits Council.

ENGLISH PUBLICATIONS:

AUTHOR, “Enhancing Section 403(b) Plans in the Post-EGTRRA Era,” Taxation of Exempts, October, 2002

AUTHOR, “Consider Replacing a Money Purchase Plan with a Profit Sharing Plan,” Tax Strategies, July, 2002

AUTHOR, “Further Extension of Relief from Nondiscrimination Rules for Non-electingChurch Plans,” Taxation of Exempts, March/April, 2002

AUTHOR, “Future of 401(k) Plans and IRAs under Legislative and Regulatory Developments,” Investment Advisor, February, 2001

AUTHOR, “Liability of a Nonfiduciary Party in Interest under ERISA: an Ever Evolving Issue,” ABA Trust and Investments Magazine, July/August, 2000.

AUTHOR, “Proposed Exemption on Cross Trades for Index and Model-Driven Funds: an Important First Step,” Pension and Benefits Weekly, April 10, 2000.

AUTHOR, “Investment Education v. Investment Advice: Worth Crossing the Line?” Journal of Taxation of Employee Benefits, September/October, 1999.Republished by Investment Advisor, October 2000.

AUTHOR, “Cafeteria Plan Mid-Year Election Changes: a Maze of Confusing Regulations,” Journal of Taxation of Employee Benefits, March/April, 1999.

AUTHOR, “ERISA Issues When Aggregating Securities Trading Orders,” Pension and Benefits Weekly, April 19, 1999.

AUTHOR, “Special Issues in Multiemployer 401(K) Plans,” Journal of Taxation of Employee Benefits, November/December, 1998.

ENGLISH SPEAKING ENGAGEMENTS:

SPEAKER, “Emerging Fiduciary Issues for Broker-Dealers,” Securities Industry Association Savings and Retirement Symposium, Fort Lauderdale, Florida, February, 2005.

SPEAKER, “Retirement Plan Conversion Issues,” the Investment Company Institute Annual Investment and Retirement Conference, Washington, D.C., May, 2002.

SPEAKER, “21st Century Success: Selling Retirement Plans in the New Millennium,” the International Association of Financial Planners Success Forum, San Antonio, October, 1999.

SPEAKER, “Investment Education v. Investment Advice – ERISA Implications.”The American Bankers Association Annual 401(k) Conference; Orlando, September, 1999.

PANELIST, “Recent 401(k) Plan Guidance,” the Investment Company Institute Annual Investment and Retirement Conference, New Orleans, March, 1999.

SPEAKER, “Historical Development of ERISA,” the International Foundation of Employee Benefits Regional Conference, Philadelphia, Pennsylvania, October, 1994.

 林羿博士现任 T. Rowe Price 金融集团副总裁兼企业养老金业务首席律师。原任美国美林公司 (Merrill Lynch & Co., Inc.) 主任副总裁兼资深 律师，主要负责美林的企业养老金和资产管理方面业务的咨询和稽查工作。他不仅精通中美社会保险和企业养老金的法律法规及美国资产管理、证券交易及劳工雇员方面的法律事宜， 而且在企业养老金的账户管理、投资管理、受托和托管管理、计划方案设计、产品设计和营销、服务模式等方面积累了十多年丰富的实际操作经验和知识。

　　林羿博士在美林公司任职之前，曾在美国有名的林肯金融集团和摩根路易斯 (Morgan Lewis LLP) 国际律师事务所从事资产管理及养老金业务十几年， 其提供咨询的客户包括有美国，法国和日本的大型国际跨国公司，投资管理公司，银行及信托公司等。

　　作为美国资产管理和企业养老金方面的专家，林羿博士曾在美国参议院金融委员会上，就美国退休金法律改革上的技术问题为该委员会提供专业证词。此外，他还担任过由美国众议员波默罗伊组建的退休金法改革小组的特别法律顾问。他还经常应邀在美国有关企业养老金管理专业的各大年会和研讨会上举行讲座。他所撰写的有关证券交易、企业养老金的投资和管理、雇员养老金账户和医疗保险计划等方面的专业文章和论文还在美国全国专业性杂志《投资顾问》、《美国银行信托杂志》、《税务战略》及《雇员福利及税收双月刊》等发表。

　　从本世纪初中国开始社会保障系统的全面改革以来，林羿博士积极投身于改革运动，力求将其在国外所学到的先进知识和经验运用到国内企业年金方面的拓展工作中。比如，林博士参加了《中国企业年金经办机构资格认定办法》和《中国企业年金基金投资管理暂行办法》的起草工作。最近，林羿博士又被中国劳动和社会保障部正式聘请为“企业养老金专家顾问。” 他所著写的《美国的私有退休金体制》、《企业年金财税监管》、《美国企业年金概述》等分别由北京大学出版社（2002）、中国劳动和社会保障出版社（2003）、财政金融出版社（2004）出版。此外，林博士还经常应国内的一些企业和学术机构的邀请就资产管理和企业养老金的管理等题目进行专题讲座。

　　除在美林任职以外，林羿博士还兼任美国天普大学法学院客座教授及中国清华大学公共管理学院和武汉大学公共管理学院的兼职教授和研究员。他还曾被聘为中国《环球企业家》杂志“投资”栏目的专栏作家。

　　1982年在国内获得英语学士学位后，林羿博士于1985年赴美留学，1987年获美国天普大学(Temple University)历史学硕士学位、1991年获该大学法律博士（juris doctor）学位。

“美国企业养老金的投资与账户管理,”“美国政府公务员的养老金体制,”武汉大学公共管理学院/社会保障研究中心，武汉，2005年

　　“美国企业养老金的税收优惠政策,” 清华大学/华宝信托联合主办“中国企业年金发展之路（三）”，北京，2004年

　　“企业年金受托人与投资管理人法律职责和行为标准,” 武汉大学社会保障研究中心“2002年社会保障论坛”，武汉，2002年

　　“美国企业年金的发展与现状”清华大学/湘财证券联合主办“中国企业年金发展之路（一）”，北京，2001年

　　“美国企业年金概况”武汉大学社会保障研究中心“2001年社会保障国际研讨会”，武汉，2001年