DoL Announces Form 5500 Version Selection Tool
September 19, 2011 (PLANSPONSOR.com) - With the change to an all electronic filing system and changes to the Form 5500 as well, the U.S. Department of Labor has...
Compliance
EBSA to Re-Propose Definition of Fiduciary Rule
September 19, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will re-propose its rule on the definition of a fiduciary, in order to...
Mandatory Workplace IRA Bill Returns
September 16, 2011 (PLANSPONSOR.com) – A pair of US Senators have introduced legislation they claim will “dramatically increase retirement savings.”
Frank Asks DoL to Back Off on New Fiduciary Proposal
September 16, 2011 (PLANSPONSOR.com) – You can add another voice to the chorus of those calling for the Labor Department to backoff of its proposed...
Transgender Cabbie Wins Bias Suit
September 16, 2011 (PLANSPONSOR.com) – The Illinois Human Rights Commission has ordered a taxi company to pay $105,000 for its alleged discrimination against and firing of a transgender...
Former TCW Fund Manager Liable for Stealing Trade Secrets, but Wins Pay Claim
September 16, 2011 (PLANSPONSOR.COM) – Star bond investor Jeffrey Gundlach was awarded $66.7 million by a jury over his separation from money management firm Trust Company of the...
Jobs Act Targets Discrimination of Unemployed
September 16, 2011 (PLANSPONSOR.com) - President Barack Obama's American Jobs Act includes provisions that would prohibit discrimination against job applicants on the basis of their unemployment status, Bloomberg...
Court Says Worker Can Claim Hostile Work Environment under ADEA
September 15, 2011 (PLANSPONSOR.com) – The 5th U.S. Circuit Court of Appeals has ruled a worker can sue over a hostile work environment under the Age Discrimination in...
DoL Discusses Participant Fee Disclosure Regs
September 15, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor earlier this week held a Webcast to summarize its final fee disclosure regulations, and answer questions on the...
Senator Introduces Bill to Strengthen Social Security
September 15, 2011 (PLANSPONSOR.com) – U.S. Senator Bernie Sanders (D-Vermont) has introduced legislation designed to keep the social security program sound for another 75 years.
Rhode Island Court Rules in Favor of Government Worker Retirees
September 15, 2011 (PLANSPONSOR.com) – A lower court in Rhode Island has decided in favor of government worker retirees and indicated the state cannot freeze government pensions, reports...
Plan Sponsors Affected By Hurricane Irene Granted Relief
September 15, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued an extension for plan sponsors impacted by Hurricane Irene to file the annual Form 5500 for...
PBGC Offers Relief to DB Plan Sponsors
September 14, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) is providing relief to defined benefit plan sponsors from certain premium penalties and in certain situations involving...
Judge Rules in Favor of Pennsylvania Couple’s Challenge of Federal Health Care Reform Law
September 14, 2011 (PLANSPONSOR.com) – A Pennsylvania couple has won a suit in which they challenged the constitutionality of the requirement to maintain minimum essential health care coverage...
Appeal Court Reverses Lower-Court Ruling Denying Former Employee Plan Benefits
September 14, 2011 (PLANSPONSOR.com) – The Fifth Circuit U.S. Court of Appeals reversed a ruling that allowed John Young,...
BNY Mellon Sued Over Lehman Losses by Detroit City Pension Funds
September 13, 2011 (PLANSPONSOR.com) – Bank of New York Mellon Corp. was accused in a lawsuit by Detroit pensions funds of mishandling their money invested in Lehman Brothers...
Court Rules Law Firm Did Not Violate ERISA Anti-Cutback Rule
September 12, 2011 (PLANSPONSOR.com) – The U.S. District Court for the District of Columba ruled a law firm did not violate the Employee Retirement Income Security Act’s (ERISA)...
Court Rules Law Firm Did Not Violate ERISA Anti-Cutback Rule
September 12, 2011 (PLANSPONSOR.com) – The U.S. District Court for the District of Columba ruled a law firm did not violate the Employee Retirement Income Security Act’s (ERISA)...
Court Upholds Decision for Fidelity, Unisys in Excessive Fee Case
September 9, 2011 (PLANPSONSOR.com) – The 3rd U.S. Circuit Court of Appeals has upheld a district court ruling dismissing charges that Unisys Corporation and Fidelity Management Trust Company...
Court Moves Forward ERISA Recordkeeping Claim
September 8, 2011 (PLANSPONSOR.com) – The U.S. District Court for Northern District of California denied the motion to dismiss two employees’ claims that their employer violated the Employee...