Compliance

There were several proposals moving in Congress around the omnibus appropriation budget deal regarding the fiduciary rule.

Some plan sponsors can answer the new compliance questions on paper, shielding them from public scrutiny online.

ERISA attorney Nancy Ross explains why it’s essential for plan sponsors to understand how liens work under ERISA—and how an upcoming Supreme Court case could change just that.

The Women’s Pension Protection Act increases spousal protections and improves retirement plan coverage for long-term part-time workers, among other things.

Proper procedure is absolutely essential when it comes to fielding ERISA claims, as one plan sponsor has had to learn the hard way. 

Lawmakers are proposing that efforts to deter the DOL’s fiduciary rule should be included in a must-pass budget proposal.

Current Internal Revenue Service employee benefit plan examinations initiatives heading into 2016 match closely the priories announced for the year almost ended.

A provision in a new law will return Form 5500 deadlines to what they were before the Surface Transportation and Veterans Health Care Choice Improvement Act was passed.

The Governmental Accounting Standards Board has announced a number of projects it will complete before the end of 2015 that will affect government pensions.

A congressional subcommittee heard testimony about the proposed bipartisan principles that go head to head with the fiduciary proposal.

The agency issued a new table for determining expected retirement ages for participants in pension plans undergoing distress or involuntary termination.

The former president and COO of the now-defunct Faribault Woolen Mills Inc. must pay $55,000 in restitution and more than $12,000 in interest.

U.S. Senators Ben Cardin (D-Maryland) and Rob Portman (R-Ohio) previously introduced legislation to address church retirement plan issues in 2013.

The agency will share examination program priorities for the new year, among other things.

The city of Providence, Rhode Island, claimed its long-time actuary, Buck Consultants, incorrectly estimated savings it would see from suspending COLAs for retirees.

ERISA attorney David Levine discusses the challenges for, and potential positive outcomes from, DOL guidance about state-run retirement plans for the private sector.

One career actuary tells PLANSPONSOR pension plan clients have voiced a range of strong emotions—even a sense of betrayal—after yet another round of PBGC premiums hikes was announced. 

The multiemployer program deficit is $52 billion, and the single-employer program deficit is $24 billion.

The hearing will specifically address rules concerning the participant vote on an approved suspension of benefits under MPRA.

States offering retirement planning solutions to private-sector workers got their first look at a few highly anticipated (and increasingly controversial) pieces of regulatory guidance this week.