Compliance

Compliance | August 11th, 2011

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...

Compliance | August 11th, 2011

DoL Considering Tool to Monitor Federal Contractor Pay

August 11, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor's Office of Federal Contract Compliance Programs is considering the development of a new data tool to collect information...

Compliance | August 11th, 2011

Court Agrees Early Retirement Incentive Plan Violates ADEA

August 11, 2011 (PLANSPONSOR.com) – The 8th U.S. Circuit Court of Appeals has affirmed a lower court decision that an early retirement incentive plan offered by the Minnesota...

Compliance | August 11th, 2011

Court Agrees CUNA Mutual Has Right to Change Benefits

August 11, 2011 (PLANSPONSOR.com) – The 7^th U.S. Circuit Court of Appeals has affirmed a lower court ruling that CUNA Mutual Insurance Society was within its rights when...

Compliance | August 9th, 2011

PBGC Loses Fight against Harry & David Pension Dump

August 9, 2011 (PLANSPONSOR.com) – A bankruptcy court judge has granted gift basket retailer Harry & David Holdings permission to terminate its pension plan covering more than 2,700...

Compliance | August 8th, 2011

CA Court Shakes up Workers’ Comp Rules

August 8, 2011 (PLANSPONSOR.com) - California's 1st District Court of Appeal reversed a decision by the California Workers' Compensation Appeals Board in the case of Ogilvie vs. WCAB,...

Compliance | August 8th, 2011

Court Finds Pharmaceutical Reps Due Overtime

August 8, 2011 (PLANSPONSOR.com) - Schering Plough pharmaceutical representatives have won in a law suit seeking overtime pay.

Compliance | August 8th, 2011

Court Moves Forward Suit over State Street FX Practices

August 8, 2011 (PLANSPONSOR.com) – A federal court has moved forward claims by investors in State Street stock, including retirement plan participants, relating to its foreign exchange practices.

Compliance | August 5th, 2011

Voters Must Weigh in on Miami Firefighters Pension Changes

August 5, 2011 (PLANSPONSOR.com) – A Miami-Dade County Circuit Court has found that pension changes for firefighters and police officers must be submitted to a referendum of the...

Compliance | August 4th, 2011

Attorneys for Cash Balance Plaintiff Get Additional Award

August 4, 2011 (PLANSPONSOR.com) – A federal district court has approved an additional award of fees and costs incurred by attorneys representing participants who previously won a cash...

Compliance | August 4th, 2011

Physician and Patient Lack Standing to Pursue HCR Challenge

August 4, 2011 (PLANSPONSOR.com) – An appellate court has affirmed a lower court’s dismissal of a challenge to the Patient Protection and Affordable Care Act for lack of...

Compliance | August 3rd, 2011

Legal Group Wants Ruling on Use of Retail Funds Reversed

August 3, 2011 (PLANSPONSOR.com) – A California employer group has filed an amicus brief in a case over whether 401(k) plan fiduciaries breached their duties by selecting retail-class...