Compliance

November 15, 2012 (PLANSPONSOR.com) – The  Employee Plans Compliance Unit (EPCU) of the Internal Revenue Service (IRS) summarized information from the multiemployer...

November 15, 2012 (PLANSPONSOR.com) – Effective internal controls are essential to prevent costly mistakes that can jeopardize a retirement plan’s tax-favored status.

November 14, 2012 (PLANSPONSOR.com) – The federal government extended health care coverage to part-time disaster workers.

November 13, 2012 (PLANSPONSOR.com) – Pension Benefit Guaranty Corporation (PBGC) Director Joshua Gotbaum says new regulations are needed so multiemployer plans can stay sound.

November 9, 2012 (PLANSPONSOR.com) – A federal court ruled a private equity firm is not liable for the pension debt of one of the companies in which it...

November 8, 2012 (PLANSPONSOR.com – The IRS finalized regulations that provide guidance under the anti-cutback rules of section 411(d)(6) of the Internal Revenue Code.

November 8, 2012 (PLANSPONSOR.com) – Moving to a more risk-based system would shift Pension Benefit Guaranty Corporation (PBGC) premium costs among sponsors.

November 8, 2012 (PLANSPONSOR.com) – A court found an employer did not violate ERISA by eliminating the right to transfer from a DC to a DB plan.

November 8, 2012 (PLANSPONSOR.com) – The Supreme Court declined to review two cases where plan sponsors were found to have a presumption of prudence related to company stock...

November 6, 2012 (PLANSPONSOR.com) – The Department of Labor (DOL) stated its position regarding whether a purchase or sale of a single property by a pension trust violates...

November 5, 2012 (PLANSPONSOR.com) – A court found that a plan fiduciary cannot discharge debt owed to the plan because of Employee Retirement Income Security Act (ERISA) violations.

November 2, 2012 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) is changing its enforcement approach with companies that have operations shut down.

November 2, 2012 (PLANSPONSOR.com) – A recommendation from the American Society of Pension Professionals & Actuaries (ASPPA) would avoid inadvertent deactivation of a retirement plan trust’s EIN.
 

November 2, 2012 (PLANSPONSOR.com) – The Department of Labor does not only investigate retirement plans, it also investigates service providers.

October 30, 2012 (PLANSPONSOR.com) – The U.S. Supreme Court has refused to review a case in which retirement plan participants sued John Hancock over excessive fees.

October 30, 2012 (PLANSPONSOR.com) – The job of regulatory agencies is to encourage the offering of retirement plans. 

October 26, 2012 (PLANSPONSOR.com) - Due to the forecast of severe weather, the ERISA Advisory Council open meeting scheduled for October 30-31, 2012, will now be held November...

October 26, 2012 (PLANSPONSOR.com) – A coal union is suing an employer for failing to fulfill benefits obligations and violating the Employee Retirement Income Security Act (ERISA).
 

October 24, 2012 (PLANSPONSOR.com) – Two Maryland men pled guilty to engaging in a scheme to steal more than $9 million from an employee pension plan.

October 23, 2012 (PLANSPONSOR.com) – A federal judge has determined participants in the Federal National Mortgage Association’s (FNMA) Employee Stock Ownership Plan (ESOP) can move forward with a...