Compliance

April 12, 2013 (PLANSPONSOR.com) – A federal court has remanded a case filed by an employee stock ownership plan (ESOP) participant back to state court as a shareholder...

April 12, 2013 (PLANSPONSOR.com) – A federal court has remanded a case filed by an employee stock ownership plan (ESOP) participant back to state court as a shareholder...

April 11, 2013 (PLANSPONSOR.com) - A provision in President Obama’s Fiscal Year 2014 budget that pertains to employee stock ownership plans (ESOPs) could result in a disincentive for...

April 10, 2013 (PLANSPONSOR.com) - The U.S. Department of Labor’s (DOL) fiscal year 2014 budget request mainly focuses on continued investments in training and resources for job seekers.

April 10, 2013 (PLANSPONSOR.com) – Western Energy Services of Durango, Inc. (WESODI) agreed to pay $90,000 and furnish other relief to settle an age discrimination lawsuit.

April 10, 2013 (PLANSPONSOR.com) - The International Accounting Standards Board (IASB) has proposed amendments to IAS 19, Employee Benefits.

April 9, 2013 (PLANSPONSOR.com) – An appeals court recently affirmed a previous award of unpaid pension benefits, but reversed the pre-judgment interest, claiming it is inadequate.

April 8, 2013 (PLANSPONSOR.com) – A federal appellate court denied the Pension Benefit Guaranty Corporation’s (PBGC’s) attempt to recover retirement plan losses from Morgan Stanley.

April 8, 2013 (PLANSPONSOR.com) – A domestic relations order (DRO) cannot be qualified under the Employee Retirement Income Security Act (ERISA) once the participant's account is in pay...

April 4, 2013 (PLANSPONSOR.com) - A court ruled that a company’s officers are not fiduciaries to a multiemployer plan and thus not liable for unpaid contributions. 

April 3, 2013 (PLANSPONSOR.com) – Towns in New York have settled charges of discrimination in pension plan offerings filed by the Equal Employment Opportunity Commission (EEOC).

April 3, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced a new proposal that will reduce reporting requirements for more than 90% of companies and pension...

April 2, 2013 (PLANSPONSOR.com) - Two former employees of Catholic Health East are challenging whether its pension plans are actually “church plans.”

April 2, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has backed off its 2009 proposal to increase reporting requirements by eliminating most reporting waivers.

April 1, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has moved forward with a program for pre-approved § 403(b) plan documents.

April 1, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) offers material on its website about international issues affecting retirement plans in the United States.

March 29, 2013 (PLANSPONSOR.com) – Judges from the U.S. District Court for the Southern District of New York dismissed two stock drop cases filed by retirement plan participants.

March 29, 2013 (PLANSPONSOR.com) – A federal judge certified a class in the lawsuit against Verizon about its decision to transfer some pension obligations to Prudential.

March 29, 2013 (PLANSPONSOR.com) – The chief investment officer (CIO) for the Wyoming Retirement System (WRS), has been placed on administrative review after pleading guilty to insider trading.

March 25, 2013 (PLANSPONSOR.com) – A federal court found an employer’s decision to drop stock investments from its 401(k) plan was “objectively prudent.”