March 7, 2008 (PLANSPONSOR.com) - The West Virginia Senate has passed a bill to regulate professional employer organizations (PEOs) that serve businesses and nonprofits in the state.
March 6, 2008 (PLANSPONSOR.com) - Internal Revenue Service (IRS) officials have advised pension plan sponsors that they should continue using the guidance in Revenue Ruling 96-7 for mortality tables when determining benefits for disabled workers.
March 6, 2008 (PLANSPONSOR.com) -The U.S. House of Representatives has approved mental health care benefits parity legislation.
March 6, 2008 (PLANSPONSOR.com) - The District of Columbia City Council has put its stamp of approval on a bill that would require employers to furnish paid sick leave to employees.
March 6, 2008 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has issued new guidance regarding three areas of plan administration changed by the Pension Protection Act of 2006 (PPA).
March 5, 2008 (PLANSPONSOR.COM) - The Securities and Exchange Commission (SEC) announced that Fidelity Investments agreed to pay an $8 million penalty in connection with charges 13 current or former employees improperly took more than $1.6 million in gifts by brokers.
March 5, 2008 (PLANSPONSOR.COM) - The Securities and Exchange Commission (SEC) has proposed two new rules under the Investment Company Act to allow exchange-traded funds (ETFs) to operate without first getting SEC exemptive orders.
March 4, 2008 ((b)lines) - The new 403(b) regulations concerning plan transfers and contract exchanges both expand permissible transactions for participants and place controls on conditions of the transactions to ensure compliance with limitations and distribution restrictions. Participants are no longer on their own to decide if they can make a transfer or exchange. These provisions of the new regulations were generally effective September 24, 2007.
March 4, 2008 (PLANSPONSOR.COM) - The New Jersey state Senate on Monday approved and sent on to the General Assembly a measure giving workers in the Garden State the right to paid leave to care for a family member.
March 3, 2008 (PLANSPONSOR.com) - Attorney General Michael B. Mukasey on February 22 announced higher civil fines against employers who violate federal immigration laws.
March 3, 2008 (PLANSPONSOR.com) - A federal judge has ruled that federal benefits law pre-empts state law in a class action lawsuit challenging Aetna's handling of eating disorder treatment expenses.
March 3, 2008 (PLANSPONSOR.com) - The U.S. District Court for the Middle District of Florida has determined a long-term disability plan administrator was not wrong in requiring objective proof a participant suffered debilitating migraines that made her eligible for plan benefits.
March 3, 2008 (PLANSPONSOR.com) - The U.S. Equal Employment Opportunity Commission (EEOC) on Friday issued two question-and-answer (Q&A) guides providing technical assistance for employers and veterans on workplace issues affecting veterans with service-connected disabilities.
March 3, 2008 (PLANSPONSOR.com) - As the political season pumps up the rhetoric around what's going to be done for "the middle class" and (generally) to "the wealthiest Americans", the Internal Revenue Service has published some interesting income tax data.
February 29, 2008 (PLANSPONSOR.com) - Next month Boston-area plan sponsors can tap into a free health law compliance seminar.
February 28, 2008 (PLANSPONSOR.com) - A new lawsuit has accused a group of insurance companies, consultants, and lawyers of conspiring to sell illegal tax shelters to employers for 412(i) plans by misrepresenting the potential risks of the pension funding arrangements.
February 28, 2008 (PLANSPONSOR.com) - The U.S. Supreme Court has cleared the way for a FedEx Corp. driver to proceed with her age discrimination suit despite the Equal Employment Opportunity Commission's (EEOC) initial mishandling of the complaint.
February 28, 2008 (PLANSPONSOR.com) - Federal benefit regulators have proposed a new safe harbor for sponsors of smaller benefit plans that deposit employee contributions within seven business days.
February 28, 2008 (PLANSPONSOR.com) - U.S. Representative Sam Johnson (R -Texas), Ranking Member of the Subcommittee on Social Security, Committee on Ways and Means, last week introduced the New Employee Verification Act (NEVA).
February 28, 2008 (PLANSPONSOR.com) - Most Americans claim to be honest when it comes to paying their taxes - and fear of being caught isn't the primary reason.