Compliance

Compliance |

Union Plan Trustees Ordered to pay $439K

November 1, 2010 (PLANSPONSOR.com) – The current and former trustees of several retirement, health and welfare plans of the International Brotherhood of Electrical Workers Local Union No. 99...
Compliance |

PBGC Steps in to Save GA Firm’s Pension

October 29, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) is moving to assume responsibility for the underfunded pension plan covering almost 2,000 workers and retirees of...
Compliance |

IRS Announces 2011 Benefit Limits

October 28, 2010 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) on Thursday announced that the 2011 deferral limit for 401(k), 403(b) or 457(b) plans and the federal government’s...
Compliance |

Some SunTrust Stock Drop Claims Thrown Out

October 28, 2010 (PLANSPONSOR.com) –  A federal judge in Georgia has rejected claims SunTrust Banks breached its fiduciary duty by keeping company stock as an investment option in...
Compliance |

PBGC Takes Tire Company Pension

October 22, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for the underfunded pension plan covering more than 600 former workers and retirees of...
Compliance |

PBGC Takes MI Auto Supplier Plan under Its Wing

October 20, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for the underfunded pension plan covering 570 former workers and retirees of FormTech Industries,...
Compliance |

PBGC Takes Ohio Manufacturer’s Plan

October 20, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for the underfunded pension plan covering more than 840 former workers and retirees of...
Compliance |

Employer in Stock Drop Case Gets 2nd Chance

October 20, 2010 (PLANSPONSOR.com) – A federal judge in Missouri has reversed himself and given a St. Peters, Missouri-based silicon wafer manufacturer another chance to argue that a...