Fiduciary Exception to Attorney-Client Privilege Extends to DoL Audit
August 24, 2011 (PLANSPONSOR.com) - For purposes of compliance with a Labor Department investigative audit under the Employee Retirement...
Compliance
PBGC Announces Efforts to Streamline Regulations
August 23, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation has announced efforts to streamline regulations that affect pension plans.
HHS Issues Class Exemption for Stand-Alone HRAs
August 23, 2011 (PLANSPONSOR.com) - Sponsors of stand-alone health reimbursement arrangements (HRAs) will not be required to seek waivers from federal rules that restrict annual dollar limits on...
106 Three-Year Mini-Med Health Plan Waivers Approved by HHS
August 23, 2011 (PLANSPONSOR.com) – According to Business Insurance, the Department of Health and Human Services (HHS) said it has...
Court Says COBRA Notice Claim Was Timely
August 23, 2011 (PLANSPONSOR.com) – The 11th U.S. Circuit Court of Appeals has found a former Washington Mutual employee’s claim that he was not properly provided with a...
Settlement Approved in Years-Long Retiree Benefit Case
August 23, 2011 (PLANSPONSOR.com) – A settlement agreement for a case in which retirees argued their employer owed them health benefits for life has won preliminary approval in...
PwC Denied Summary Judgment on Whipsaw Calculation Claim
August 23, 2011 (PLANSPONSOR.com) – PricewaterhouseCoopers (PwC) was unable to prove that its calculation of benefits for cash balance plan participants satisfied the Employee Retirement Income Security Act...
EBSA to Host VFCP Webcast
August 22, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor’s Employee Benefits Security Administration will host a Webcast on August 24 to inform plan sponsors and service providers...
Tax Court Enforces 10% Penalty on Deemed Distribution
August 22, 2011 (PLANSPONSOR.com) - A tax court has upheld the 10% early distribution penalty that the Internal Revenue Service (IRS) imposed on a deemed distribution of a...
State AGs File Brief in Support of HCR
August 22, 2011 (PLANSPONSOR.com) – California Attorney General Kamala D. Harris has filed a brief in the 8th U.S. Circuit Court of Appeals supporting the constitutionality of the...
Court Upholds Jury Award for Fired Police Officer
August 22, 2011 (PLANSPONSOR.com) – The 3rd U.S. Circuit Court of Appeals has upheld a jury award to a former police officer fired for opposing discrimination by his...
DoL Files Brief in SunTrust Stock Drop Case
August 17, 2011 (PLANSPONSOR.com) – U.S. Secretary of Labor Hilda L. Solis is asking an appellate court to uphold a district court's decision refusing to dismiss a claim...
Regulators Issue Proposal on Health Benefits Education
August 17, 2011 (PLANSPONSOR.com) - The U.S. Departments of Labor, Health and Human Services, and the Treasury have proposed new rules under the Affordable Care Act that will...
ICI Submits Brief in Retail vs. Institutional Funds Case
August 17, 2011 (PLANSPONSOR.com) – In an amicus curiae brief submitted to the 9th U.S. Circuit Court of Appeals, the Investment Company Institute (ICI) said plaintiffs’ contentions in...
TN Court Rules against Nissan in Return-to-Work Case
August 15, 2011 (PLANSPONSOR.com) – Tennessee's Supreme Court has found that a former Nissan North American, Inc. worker is eligible for additional workers compensation benefits because the company did not...
11th Circuit Finds Health Care Mandate Unconstitutional
August 12, 2011 (PLANSPONSOR.com) – In a 2-1 decision, a federal appeals court panel has sided with 26 states in finding that the requirement in the Patient Protection...
Regulators Propose Rules on Small Biz Health Exchange Participation
August 12, 2011 (PLANSPONSOR.com) - The Departments of Health and Human Services and Treasury have proposed standards and processes for employers enrolling in qualified health plans and insurance...
Employers Win in CA Workers’ Comp COLA Case
August 12, 2011 (PLANSPONSOR.com) - California’s Supreme Court handed employers and insurers a victory in a closely watched dispute over annual cost-of-living adjustments for certain workers compensation claimants,...
Appellate Court Finds Cash Balance Plan not Age Biased
August 12, 2011 (PLANSPONSOR.com) – A federal appellate court has upheld a ruling that the cash balance plan offered by El Paso Corporation does not violate the Employee...
PBGC Negotiates $19M Pension Payment from Steel Mill
August 11, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation announced an agreement with Gerdau that will add $18.6 million in additional funding for two pension plans covering...