Compliance

Compliance |

Senators Call for Discrimination Test Fix

December 2, 2013 (PLANSPONSOR.com) – Two United States senators are calling on the U.S. Treasury to address nondiscrimination challenges facing employers that enact soft freezes on qualified defined...
Compliance |

NCPERS Sees Pension-Related Bill as Unworkable

November 26, 2013 (PLANSPONSOR.com) – Testimony from the executive director of the National Conference on Public Employee Retirement Systems (NCPERS) says that a bill addressing public pension issues...
Compliance |

U.S. Intervenes in Church Plan Lawsuits

November 26, 2013 (PLANSPONSOR.com) – Currently there are five lawsuits questioning the appropriateness of “church plan” status for retirement plans of health care systems or providers.
Compliance |

Chesapeake Stock Drop Suit Dismissed

November 22, 2013 (PLANSPONSOR.com) – A federal district court dismissed a class action complaint alleging Chesapeake Energy acted imprudently by offering company stock to retirement plan participants.
Compliance |

PBGC Deficit Grows to $36B

November 18, 2013 (PLANSPONSOR.com) – The annual report of the Pension Benefit Guaranty Corporation (PBGC) puts the agency’s deficit at about $36 billion for the 2013 fiscal year.
Compliance |

IRS Revises Safe Harbor Plan Rules

November 15, 2013 (PLANSPONSOR.com) – Revisions to the Internal Revenue Service’s (IRS) rules governing contributions to safe harbor 401(k) and 403(b) plans make it easier for struggling companies...
Compliance |

PBGC Increases Some 2014 Premium Rates

November 8, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) reports premiums paid to the federal agency by single-employer retirement plans will increase in 2014.