Compliance

June 14, 2011 (PLANSPONSOR.com) – Two Massachusetts lawmakers have formed a Nonprofit Caucus within the Massachusetts Legislature.

June 13, 2011 (PLANSPONSOR.com) - U.S. Senator Ben Cardin (D-Maryland), a member of the Senate Finance Committee, has written a letter urging the Social Security Administration (SSA) to...

June 13, 2011 (PLANSPONSOR.com) – The U.S. Supreme Court has ruled that Janus Capital Group and a subsidiary cannot be held liable in a lawsuit by shareholders over...

June 13, 2011 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) is issuing a final rule implementing section 404 of the Pension Protection Act of 2006 (PPA).

June 13, 2011 (PLANSPONSOR.com) – A federal court has dismissed claims that Halliburton Inc. miscalculated pension benefits, agreeing that the plaintiffs failed to exhaust the administrative claims procedures...

June 10, 2011(PLANSPONSOR.com) - The American Society of Pension Professionals and Actuaries (ASPPA) submitted a letter to the Internal Revenue Service (IRS) suggesting improvements to the pre-approved plan...

June 10, 2011(PLANSPONSOR.com) - According to the U.S. Tax Court, since 1988 Mark Warmoth created two corporations that manufactured nothing except tax-saving retirement plans for their founder.

June 10, 2011 (PLANSPONSOR.com) - The Internal Revenue Service has a Voluntary Correction Program (VCP) for retirement plan sponsors to correct mistakes in their plan; however, mistakes can...

June 10, 2011(PLANSPONSOR.com) - The U.S. Department of Labor (DoL) announced that Michael Doggett, business representative for the...

June 10, 2011(PLANSPONSOR.com) - In a recent letter to the Department of Labor (DoL), the SPARK Institute responded to the proposed extension of the applicability dates for the...

June 10, 2011(PLANSPONSOR.com) The Pension Rights Center, a nonprofit consumer rights organization, believes that current safe harbor rules balance the interests of participants and beneficiaries with the interests...

June 10, 2011(PLANSPONSOR.com) - Secretary of Labor Hilda Solis has filed a brief asking for a rehearing and reversal of an appellate panel's ruling that a “surcharge” is...

June 10, 2011(PLANSPONSOR.com) - Ohio’s Supreme Court ruled that a machine shop employee fired within an hour of reporting an injury, but before he could file a worker’s...

June 9, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation is seeking $25 million in damages from Morgan Stanley Investment Management Inc. over risky pension investments it made...

June 9, 2011 (PLANSPONSOR.com) – In an amicus brief filed on behalf of plaintiffs in Taylor v. KeyCorp, Secretary of Labor Hilda L. Solis argues that the “impending...

June 8, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor has obtained six consent judgments requiring payment of $10,454,545 in restitution to the DirecTECH Holding Co. Inc. Employee...

June 8, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation will pay the retirement benefits of more than 800 workers and retirees of bankrupt Schwab Industries, Inc. of...

June 8, 2011 (PLANSPONSOR.com) – In an amicus brief responding to a decision in an excessive 401(k) plan fee case, Secretary of Labor Hilda L. Solis said a...

June 8, 2011 (PLANSPONSOR.com) – In an amicus brief responding to a decision in an excessive 401(k) plan fee case, Secretary of Labor Hilda L. Solis said a...

June 7, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) is fighting a move by Harry & David Holdings Inc. to end the pensions of its 2,700...