Compliance

Only the three oldest female applicants for a slot attendant position, out of 14 applicants, were not hired, the EEOC found.

An equitable tolling period enlarged the number of plaintiffs that can move forward with interference of benefits claims.

A judge found plaintiffs failed to suggest alternative actions the company could have taken that would not potentially harm the fund more.

The Federal Civil Monetary Penalties Inflation Adjustment Act Improvements Act of 2015 requires agencies to adjust civil monetary penalties annually for inflation.

Mercer has issued a list of top 10 compliance issues to consider when planning for 2017 health benefits.

The lawsuit claims the fund violated retirement plan investment policies because it concentrated investments in a single pharmaceutical company stock.

The lawsuit accuses the fund provider of loading its retirement plan with its own funds and using share classes of those funds that generated higher fees.

The lawsuit asserts that fiduciaries to the Fujitsu Group Defined Contribution and 401(k) Plan hired an investment adviser with no public track record of managing or designing TDFs...

An appellate court agreed with a lower court that the plan’s purpose was not to provide deferred compensation or retirement income.

There are only three cases for which a retirement plan sponsor with an individually designed plan may request a determination letter.

The lawsuit argued that even a $9 million dollar, 114-participant plan has the ability to negotiate for substantially lower fees than an individual would pay.

Plaintiffs alleged their retirement plan sponsor engaged in self-dealing by favoring its own products in the plan and otherwise failing to meet the requirements of care mandated by...

An Ohio-based transportation and logistics company is accused of overpricing its company stock by nearly $6 million. 

PLANSPONSOR spoke with Anne Lester from J.P. Morgan to test her optimism about the potential for any new retirement-related legislation to continue the progress made post-PPA.

The U.S. Supreme Court denied a petition for writ of certiorari that questioned its logic in the case of Fifth Third Bancorp v. Dudenhoeffer.

A federal judge has certified as a class action a case regarding Great-West Life & Annuity Insurance Company’s handling of a guaranteed income fund for retirement plan participants.

According to a federal court, Pamela Neely is a plan fiduciary because she controls assets of the plan she received as an overpayment.

The proposed regulations clarify that the rules under Section 409A apply to nonqualified deferred compensation (NQDC) plans separately and in addition to the rules under Section 457A.

As proposed, the regulations would impact the tax burdens of participants and beneficiaries of deferred compensation plans of state and local governments, as well as other tax-exempt entities. 

The agency proposed nondiscrimination relief for closed defined benefit (DB) plans in January.