Bill Would Expand HSAs, FSAs
June 17, 2013 (PLANSPONSOR.com) – The Family and Retirement Health Investment Act of 2013 has been presented to the U.S. Senate in an effort to strengthen and expand...
Compliance
Federal and Mass. Health Reform May Conflict
June 17, 2013 (PLANSPONSOR.com) – Differences between the Patient Protection and Affordable Care Act (PPACA) and the Massachusetts health care law may affect employers with Massachusetts employees.
9th Circuit Revives Amgen Stock Drop Case
June 14, 2013 (PLANSPONSOR.com) – An appellate court reversed the dismissal of an Employee Retirement Income Security Act (ERISA) class action against Amgen, Inc. and an Amgen subsidiary.
Revlon Charged with Misleading 401(k) Trustee
June 14, 2013 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) charged Revlon with violating federal securities laws by misleading shareholders during a "going private transaction."
IRS to Hold Session About FICA Replacement Plans
June 13, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has scheduled a phone forum about FICA Replacement Plans.
Witnesses Urge Lawmakers to Take Action for Multiemployer Plans
June 13, 2013 (PLANSPONSOR.com) – Hearing witnesses recommended reforms lawmakers should consider to strengthen the multiemployer plans system.
DOL Sues to Recover Misused Pension Funds
June 11, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has filed lawsuits seeking to restore $4.9 million of misused pension funds to two pension plans.
DOL Offers Health Benefits Seminar in Oregon
June 11, 2013 (PLANSPONSOR.com) - The U.S. Department of Labor is teaming up with the State of Oregon to offer a health benefits law compliance seminar.
Guidance Requested for Fee Disclosure Deadlines
June 10, 2013 (PLANSPONSOR.com) – The SPARK Institute submitted a request for guidance to the U.S. Department of Labor (DOL) about the ongoing deadline for furnishing participant fee...
PBGC to Take Plan of RI Hospital
June 10, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) will take responsibility for the pension plan of Landmark Medical Center.
SEC to Propose Money Market Fund Reform
June 10, 2013 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) voted to propose rules that would reform the way money market funds operate.
ERISA Imposes No Duty to Disclose Certain Information
June 10, 2013 (PLANSPONSOR.com) – An appellate court has held that the Employee Retirement Income Security Act (ERISA) does not impose a duty to provide retirement plan participants...
Release of Claims Bars Lawsuit for Pension Benefits
June 10, 2013 (PLANSPONSOR.com) – A pension plan participant who signed a release of claims when he was laid off cannot now pursue a claim for more benefits,...
PSNC 2013: Duty Bound
June 10, 2013 (PLANSPONSOR.com) – A panel of attorneys at the PLANSPONSOR National Conference talked about 10 topics that should be on...
DOL Launches Online Retirement Tool Kit
June 6, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has launched an online tool kit to help employees identify key retirement planning issues.
PSNC 2013: From the Beltway
June 5, 2013 (PLANSPONSOR.com) - There’s no shortage of legislation and regulatory guidance to keep track of, according to panelists at the 2013 PLANSPONSOR National Conference.
PSNC 2013: After Fee Disclosure, Negotiating a Better Deal
June 5, 2013 (PLANSPONSOR.com) - Even for companies that had full transparency before fee disclosure regulations, 408(b)(2) and 404(a)(5) still prompted change in their businesses.
ERIC Urges Withdrawal of Proposed PBGC Regulations
June 4, 2013 (PLANSPONSOR.com) – The ERISA Industry Committee (ERIC) has sent a comment letter to the Pension Benefit Guaranty Corporation (PBGC), urging them not to finalize proposed...
DOL OKs Process for Abandoned Plans
June 3, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL)'s Employee Benefits Security Administration (EBSA) has approved a process for J.P. Morgan Chase Bank, N.A., and ADP...
ASPPA Comments on Tax Expenditures Report
June 3, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals & Actuaries (ASPPA) issued a statement in response to a Congressional Budget Office (CBO) report on tax...