Supreme Court Denies Request to Hear Health Care Reform Challenge
November 8, 2010 (PLANSPONSOR.com) - The U.S. Supreme Court has denied a request to take up a case challenging the federal health care overhaul bill.
Compliance
Questions About Hybrid Plan Regulations?
November 5, 2010 (PLANSPONSOR.com) – Looking for insights on those new hybrid plan regulations?
IRS Says Form 5500 Extension Requests Inadvertently Denied
November 5, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has announced that some requests for an extension of Form 5500 filing have been inadvertently denied and plan sponsors...
DoL Schedules Welfare Plan Disclosure Hearing
November 4, 2010 (PLANSPONSOR.com) – Federal regulators have scheduled a public hearing for next month to discuss issues relating to disclosure of fees and other information by employee...
Employer Can Expect no Dirty Pic Viewing Even with No Policy
November 4, 2010 (PLANSPONSOR.com) – A Minnesota Court of Appeals has ruled that an employer has a right to reasonably expect an employee not to use a work...
Ex-Wife Entitled to 401(k) Account Balance
November 4, 2010 (PLANSPONSOR.com) – Even though a now-dead 401(k) participant’s ex-wife waived her right to her ex-husband’s account proceeds, she is still entitled to the money, a...
American Express Cleared in Stock-Drop Case
November 4, 2010 (PLANSPONSOR.com) – A federal judge in New York has thrown out a stock-drop lawsuit against the American Express Company.
IRS Lays Out its Employee Plans Agenda
November 4, 2010 (PLANSPONSOR.com) – When it comes to employee benefit plans, the Internal Revenue Service (IRS) has laid out its work plan for next...
Voters Weigh in on Health Care Mandate
November 3, 2010 (PLANSPONSOR.com) – State ballot measures to invalidate individual and employer mandates of the nation’s health reform law have received mixed results.
Court Finds Fed Employee’s Removal as Supervisor is Fair
November 3, 2010 (PLANSPONSOR.com) – A federal appellate court has determined that the Merit Systems Protection Board conducted a fair review when deciding to remove a Department of...
SPARK Calls for Retirement Plan Exceptions in Proposed SEC Rules
November 2, 2010 (PLANSPONSOR.com) - The SPARK Institute has sent comments to the U.S. Securities and Exchange Commission regarding the potential impact on retirement plan intermediaries of the...
DoL Sues Defunct Landscaper Over Diverted Plan Assets
November 2, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has sued the owner of a defunct Rhineland, Missouri, landscaping company for allegedly paying operating expenses using employee...
Stock-Drop Suit Survives Initial Challenge
November 2, 2010 (PLANSPONSOR.com) – A federal judge in Kansas has cleared the way for former YRC Worldwide employees to move forward with their stock-drop suit against the...
EBSA Answers More Questions on Health Care Reform Provisions
November 1, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration has set out three Frequently Asked Questions (FAQs) regarding implementation of the market reform...
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...
Plumbing Company Owner Guilty of 401(k) Plan Theft
November 1, 2010 (PLANSPONSOR.com) – A U.S. District Court jury has found the former owner of a plumbing company in Texas guilty of embezzling from its 401(k) plan.
What to Do if Employee Prefers Bathroom for Expressing Milk
October 29, 2010 (PLANSPONSOR.com) – A provision of the new health care reform law requires employers to provide a place, other than a bathroom, for breastfeeding employees to...
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...
NH Supreme Court Finds Sudan Divestment Act Constitutional
October 29, 2010 (PLANSPONSOR.com) – The New Hampshire Supreme Court has ruled that a state law requiring public funds to divest holdings from companies doing business with Sudan...
Trade Groups Request More Guidance on In-Plan Roth Conversions
October 28, 2010 (PLANSPONSOR.com) – The Investment Company Institute (ICI) and the American Benefits Council (ABC) have requested immediate guidance on section 2112 of the Small Business Jobs...