Legal Counsel for the Elderly

“The aarp chief executive officer appoints the voting members of the legal counsel for the elderly board of directors for specified terms.”

“Yes, only with respect to board appointments: the aarp chief executive officer appoints the voting members of the legal counsel for the elderly board of directors for specified terms. If a member appointed shall resign, the aarp chief executive officer shall appoint his/her successor to fill the remainder of the term of the resigned member.”

“The form 990 is prepared and reviewed in aarp's internal tax department. The return is then put through a secondary review which includes the group controller and lce's executive director. After this thorough review process, the form 990 is distributed to the board of directors for their review. After all comments are addressed the return is electronically filed with the internal revenue service.”

“Annually, all board members and employees (including officers) are required to review the code of conduct, formally acknowledge their understanding of the code, and disclose any real or potential conflicts of interest. Disclosures are reviewed by the appropriate management (or in the case of a board member, the board chair, and if necessary the board of directors) and the ethics & compliance office. The appropriate resolution plan is implemented (for example, recusal from participating in any deliberations and decisions relevant to the disclosure). The lce executive director and the ethics & compliance office monitors compliance with these requirements and ensures proper follow-up as needed.”

“As to the comparability data, which is collected every two to three years, legal counsel for the elderly (lce) is included in the established aarp employee performance management system. Aarp has a targeted competitive position in the marketplace that considers relevant for-profit and not-for-profit data since this is the landscape that aarp competes for talent. Establishing the appropriate compensation for positions and jobs considers external market pricing (where possible) from an independent, third-party compensation consulting firm, internal criteria, and an individual's actual performance and contribution. Internal criteria is based on a standard approach that measures the internal value of positions, including: complexity and scope of responsibility, skill set and competencies, education and experience, and the reporting relationship of the position. An individual's actual performance and contribution is measured through the aarp performance management approach and then rewarded through the aarp annual base pay merit and incentive award programs. The compensation of the executive director of lce is reviewed and approved by the compensation committee of the lce board of directors. No persons with a conflict of interest are involved in the compensation review and approval process.”

“Legal counsel for the elderly makes their form 990 available for public inspection on their website or upon request to aarp's office of general counsel.”