Compliance

October 4, 2011 (PLANSPONSOR.com) – The Internal Revenue Service has issued Revenue Procedure 2011-47 which provides rules for employees, volunteers, and partners who are reimbursed for lodging, meals,...

October 4, 2011 (PLANSPONSOR.com) - A National Labor Relations Board Administrative Law Judge ruled that Knauz BMW, a Chicago area car dealership, did not wrongfully terminate an employee...

October 2, 2011 (PLANSPONSOR.com) – Ricoh Americas Corp. was hit with a class action suit alleging the company failed to reimburse employees for work-related expenses, reports Law360. 
 

October 2, 2011 (PLANSPONSOR.com) – A former Aaron’s Rents Inc. store manager was acquitted of charges that he sexually assaulted an employee, reports Law360. 
 

September 30, 2011 (PLANSPONSOR.com) – In a letter filed with the U.S. Department of Labor’s (DoL) Employee Benefit Security Administration (EBSA) on the Voluntary Fiduciary Correction Program, the...

September 30, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) will pay the retirement benefits of more than 580 workers and retirees of Chicago-based Corus Bankshares, Inc.,...

September 29, 2011 (PLANSPONSOR.com) - The Obama administration asked the Supreme Court to hear its appeal of a decision by the 11th U.S. Circuit Court of Appeals which...

September 29, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor’s Administrative Review Board (ARB) adopted a new standard  governing “adverse employment actions” under Section 806 of the Sarbanes-Oxley...

September 28, 2011 (PLANSPONSOR.com) – A federal appellate court has determined that employer Houston Poly Bag I, Ltd., by withholding profit sharing plan documents and rollover information, failed...

September 28, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Northern District of Ohio ruled in favor of Alcon Laboratories, Inc. in a case in which a former...

September 28, 2011 (PLANSPONSOR.com) – A federal court has dismissed claims that trustees and directors of Orion Bancorp’s Employee Stock Ownership Plan breached their fiduciary duties under the...

September 28, 2011 (PLANSPONSOR.com) - The U.S. District Court for the District of Southern New York has ruled in favor of Hartford Life and Accident Insurance in a...

September 28, 2011 (PLANSPONSOR.com) - The U.S. District Court for the District of Southern New York has ruled in favor of Hartford Life and Accident Insurance in a...

September 28, 2011 (PLANSPONSOR.com) – Representative Francisco Canseco (R-Texas) introduced a bill to ensure pension plans can use swaps to hedge risks and for other purposes. 

September 26, 2011 (PLANSPONSOR.com) – The 9th U.S. Circuit Court of Appeals has overturned a lower court’s certification of a class of employees in a lawsuit alleging Costco...

September 26, 2011 (PLANSPONSOR.com) – A federal court has dismissed all charges against Bank of America for allegedly breaching its Employee Retirement Income Security Act (ERISA) fiduciary duties...

September 26, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Eastern District of Pennsylvania has refused to deny life insurance benefits to the spouse of a participant...

September 26, 2011 (PLANSPONSOR.com) – U.S. Representative Mike Coffman (R-CO), introduced a resolution that would put an end to the pension plan available to members of Congress. 
 

September 26, 2011 (PLANSPONSOR.com) – Another plan sponsor has prevailed in a revenue-sharing case – and at the appellate court level.

 

September 23, 2011 (PLANSPONSOR.com) – Sixteen executives and investment managers from the California Public Employees Retirement System (CalPERS) have been fined by California’s political watchdog agency.