COBRA Premium Subsidy Could Run Past 08/31: DoL
September 2, 2011 (PLANSPONSOR.com) – Plan sponsors that thought the COBRA premium subsidy ran out August 31 may have to keep up with things a...
Compliance
IRS Updates List of Nonbank Trustees and Custodians for Tax-Advantaged Accounts
September 2, 2011 (PLANSPONSOR.com) – The Internal Revenue Service has updated its list of entities approved to serve as nonbank trustees or custodians for certain...
Appeals Court Dismisses Pension Fund’s Suit Against American Express
September 2, 2011 (PLANSPONSOR.com) – A federal appeals court has dismissed a putative class action lawsuit against American Express Co., and its top two officers by a pension...
Appeals Court Dismisses Pension Fund’s Suit Against American Express
September 2, 2011 (PLANSPONSOR.com) – A federal appeals court has dismissed a putative class action lawsuit against American Express Co., and its top two officers by a pension...
DoL Sues Trustees over Plan Loan Violations
August 31, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor has sued trustees of a benefit fund for violating the Employee Retirement Income Security Act with respect to...
Waiver of 60-day Rollover Requirement Granted to Fix Unsuccessful Transfer of IRA Funds
August 29, 2011 (PLANSPONSOR.com) - Taxpayers who unsuccessfully attempted to transfer amounts from their individual retirement accounts (IRAs) to...
Final Rule Issued to Require Posting of NLRA Rights
August 29, 2011 (PLANSPONSOR.com) – The National Labor Relations Board (NLRB) has issued a Final Rule that will require employers to...
Court Denies Attorneys’ Fees in Institutional Versus Retail Shares Case
August 29, 2011 (PLANSPONSOR.com) – A district court has denied participants’ request for attorneys’ fees in their attempt to sue their employer over the selection of funds in...
Son Who Murdered Father not Entitled to Benefits
August 29, 2011 (PLANSPONSOR.com) – A son who murdered his father is not entitled to his father’s employer-sponsored life insurance benefits.
Son Who Murdered Father not Entitled to Benefits
August 29, 2011 (PLANSPONSOR.com) – A son who murdered his father is not entitled to his father’s employer-sponsored life insurance benefits.
Worker for a Subsidiary not Parent Company’s Employee
August 26, 2011 (PLANSPONSOR.com) - A worker for a subsidiary is not the parent company’s employee, despite an employee’s belief to the contrary, a federal appeals court ruled...
Compensation Errors in DC Plans
August 26, 2011 (PLANSPONSOR.com) – In the summer edition of its Employee Plans News newsletter, the Internal Revenue Service discusses the implications of using the wrong compensation calculation...
5th Circuit Affirms Ruling Against Bias Claim
August 25, 2011 (PLANSPONSOR.com) – The 5th U.S. Circuit Court of Appeals has affirmed a summary judgment ruling for an employer accused of race and age bias in...
Court Issues Mixed Ruling over Participant’s Reliance on Plan Resolution
August 25, 2011 (PLANSPONSOR.com) – A federal court has sided with an employer in finding it properly paid retirement benefits based on terms of the plan and not...
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...
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...