IRS Publishes Guidance on DB Funding Relief
December 20, 2010 (PLANSPONSOR.com) - The Internal Revenue Service has published guidance on the special rules on funding relief for single-employer defined benefit plans.
Compliance
IRS to Hold In-Plan Roth Rollover Phone Forum
December 17, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has announced plans for a telephone forum to discuss recent guidance on in-plan Roth rollovers for...
IRS Releases Pay Withholding Change Guidance
December 17, 2010 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has released instructions to help employers implement the 2011 cut in payroll taxes, along with new income-tax withholding...
IRS Again Delays Rules on Qualified Transportation Fringes
December 16, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has again delayed the effective date of guidance to employers on the use of smartcards, debit or credit cards,...
IRS Allows for Commingling of Retirement Assets in Group Trusts
December 16, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has issued Revenue Ruling 2011-01, modifying the rules for group trusts.
Actuary Group Reinforces Call for Consistent Pension Disclosures
December 16, 2010 (PLANSPONSOR.com) – While not taking a position on a recent bill requiring additional disclosures from public pension funds, the American Academy of Actuaries used the...
IRS Multi-Employer Funding Guidance not Perfect but Still Useful
December 15, 2010 (PLANSPONSOR.com) – In-depth guidance from the Internal Revenue Service (IRS) released over the Thanksgiving Day weekend about the Pension Relief Act (PRA) “stop(ped) short on...
BLS to Offer Guide for HR Data
December 15, 2010 (PLANSPONSOR.com) - The U.S. Bureau of Labor Statistics (BLS) will soon be releasing "Zooming in on Compensation Data - A guide to BLS data for...
Judge Rules for FedEx in Worker Classification Suits
December 15, 2010 (PLANSPONSOR.com) – A federal judge has found that FedEx drivers in a nationwide series of lawsuits claiming the company treats them as employees and owes...
Feds to Appeal HCR Challenge Ruling
December 14, 2010 (PLANSPONSOR.com) – The U.S. Justice Department will ask a federal appellate court to review a federal judge’s Monday ruling that the health care reform law’s...
US Senate Launches Investigation Into Securities Lending
December 14, 2010 (PLANSPONSOR.com) - The US Senate's Special Committee on Aging has launched an investigation into the securities lending practices of pension funds and...
Judge Strikes Down HCR Coverage Mandate
December 13, 2010 (PLANSPONSOR.com) – A federal judge in Virginia has ruled that the mandate in the health care reform law requiring most Americans to get health coverage or...
IRS Publishes List of Changes in Plan Qualification Requirements
December 13, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has issued Notice 2010-90, which provides a cumulative list of changes in plan qualification requirements.
Investment Firm Ordered to Restore $1M to Union Pension Fund
December 13, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor has gotten a court order requiring C.S. Capital Management Inc. of Atlanta, Georgia, and owner Paul H. Saylor...
Court Dismisses Remaining State Street Stock Drop Claim
December 13, 2010 (PLANSPONSOR.com) – A federal judge in Massachusetts has thrown out the remaining claim in a stock drop lawsuit against State Street Corp.
Insights for the IRS?
December 13, 2010 (PLANSPONSOR.com) - One of the 2010-2011 projects for the IRS' Advisory Committee on Tax Exempt and Government Entities (ACT) is to assist the IRS in...
DoL: Bankruptcy-Appointed Trustee Can Bring ERISA Action
December 10, 2010 (PLANSPONSOR.com) – In his second attempt to bring a suit against a custodian used by a rogue plan administrator, bankruptcy-appointed trustee John C. McLemore is...
President Signs Federal Telework Legislation
December 10, 2010 (PLANSPONSOR.com) – President Obama has signed a law mandating federal agencies to allow employees to telework.
DoL Calls for Stock Drop Ruling Reversal
December 10, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has asked a federal appeals court to overturn a lower court ruling that cleared ING of wrongdoing...
DoL Disputes Home Depot’s Win in Stock Drop Suit
December 10, 2010 (PLANSPONSOR.com) – In an Amicus Brief, the U.S. Department of Labor said a court that cleared Home Depot of wrongdoing in a stock drop suit...