NLRB Postpones Required Date to Post Employee Rights
December 27, 2011 (PLANSPONSOR.com) - The National Labor Relations Board (NLRB) will postpone the effective date of its employee...
Compliance
Suit Claims Delphi CEO Violated Fiduciary Duty With Tokio Buyout
December 27, 2011 (PLANSPONSOR.com) – The Pontiac General Employees Retirement System is suing Delphi Financial Group over its buyout of Tokio Marine.
Payroll Tax Cut Bill Includes Recapture Tax
December 23, 2011 (PLANSPONSOR.com) – The new bill extending the social security payroll tax cut for two months includes a recapture tax for those who make above the...
House Passes Two-Month Renewal of Payroll Tax Cut
December 23, 2011 (PLANSPONSOR.com) – The U.S. House of Representatives passed a two-month renewal of the social security payroll...
Court Sides with NFL Pension Board for Denial of Disability Benefits
December 23, 2011 (PLANSPONSOR.com) – A federal district court found the National Football League’s pension plan board was following plan rules when it denied disability benefits to a...
Institute Files Suit Against Michigan Health Insurance Tax
December 23, 2011 (PLANSPONSOR.com) – The Self-Insurance Institute of America, Inc. filed a suit challenging a new law to tax health insurance claims in Michigan.
IRS Extends Deadline for Opinion and Advisory Letter Applications
December 22, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has extended the application deadline for opinion and advisory letters for pre-approved defined contribution plan documents.
Court Allows Accused Killer to Use 401(k) Assets for Attorney
December 21, 2011 (PLANSPONSOR.com) – A Wisconsin man accused of murdering his wife will be able to hire an attorney using funds from his 401(k).
Court Reinstates Constructive Discharge Claim for Disabled Vet
December 21, 2011 (PLANSPONSOR.com) – A federal appellate court has reinstated a constructive discharge claim for a disabled veteran who was taunted and bullied in his civilian job...
Supreme Court Sets Week Aside to Hear PPACA Arguments
December 20, 2011 (PLANSPONSOR.com) – The U.S. Supreme Court scheduled March 26-28 to hear arguments in regards to the Patient Protection and Affordable Care Act (PPACA).
Two Associations Request Fee Disclosure Extension
December 20, 2011 (PLANSPONSOR.com) - ASPPA and the Council of Independent Recordkeepers (ClkR) released a statement responding to the...
Advance Copies of 2011 Form 5500 Released
December 20, 2011 (PLANSPONSOR.com) - The Department of Labor has released informational copies of the 2011 Form 5500 annual report.
Widow of Former County Exec. Suing for Denied Spousal Pension
December 20, 2011 (PLANSPONSOR.com) - A widow of the former Milwaukee County Executive is suing the county because she was denied a spousal survivorship pension.
Expected 457(f) Plan Guidance to Address Long-Unanswered Questions
December 20, 2011 (PLANSPONSOR.com) – New guidance for 457(f) plans may be on the Internal Revenue...
What the Change to Definition of Governmental Plan Can Mean
December 20, 2011 (PLANSPONSOR.com) – In November, the Internal Revenue Service issued a request for comments on possible governmental plan guidance.
IRS Extends Filing Deadline for Some Tax-Exempt Organizations
December 20, 2011 (PLANSPONSOR.com) - Tax-exempt organizations with January and February filing due dates will have until March 30, 2012, to file their annual returns.
IRS Extends Transfer Relief for Certain Puerto Rican Trusts
December 19, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has extended transitional relief for certain Puerto Rican group trusts and certain qualified retirement plans.
CVS Settles Pension Funds’ Suits for $20M
December 19, 2011 (PLANSPONSOR.com) - CVS Caremark Corp. has agreed to pay nearly $20 million to settle three lawsuits involving allegations that the company defrauded pension systems in...
EEOC Launches Small Business Task Force
December 19, 2011 (PLANSPONSOR.com) – The U.S. Equal Employment Opportunity Commission (EEOC) launched an internal task force to focus...
Owner Trustee May be Held Liable for Denial of Benefits to Ex-Spouse
December 19, 2011 (PLANSPONSOR.com) – A federal court found the owner of a business, as trustee to its retirement plan, may be held liable for a breach of...