Compliance

Berkshire Hathaway’s decision to freeze a subsidiary’s pension plan will get another look in district court. 

The bill aims to eliminate the motivation for legislators to raise PBGC premiums.

The bill would require employers with 10 or more employees that do not already offer a retirement plan to contribute 50 cents per hour worked, per employee, to...

In the complaint, the plaintiff suggests several actions Target could have taken when it knew or should have known its stock price was artificially inflated.

An appellate court ruled that the float income incurred when making distributions to retirement plan participants are not plan assets.

The upcoming webcast will detail major changes to the IRS determination letter and remedial plan amendment programs being implemented January 1.

DB plan sponsors requesting a determination letter should identify whether the plan has risk transfer language.

The seminar is coming to Milwaukee, Little Rock and Newark.

Regulators including the DOL, PBGC and IRS are seeking to update the reporting requirements related to the Form 5500 filed by private-sector retirement plans. 

The former pilots claim the agency shortchanged their benefits to hold on to assets in order to earn investment returns to improve the agency’s financial situation.

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.