Suit over Health Plan Denial Charge Cleared to Move Forward
June 16, 2010 (PLANSPONSOR.com) – A federal judge in Virginia has cleared the way for a remodeling firm’s only female worker to move forward with her suit alleging...
Compliance
Agencies Issue Regulations on Grandfathered Health Plans
June 14, 2010 (PLANSPONSOR.com) – The Internal Revenue Service, jointly with the Department of Labor and Department of Health and Human Services, have issued proposed regulations relating to...
Administration Estimates Project Big Shifts in Workplace Health Care
June 14, 2010 (PLANSPONSOR.com) – President Obama’s promise that those who like their current health care coverage can keep it could be in jeopardy –...
Fee Disclosure Not in Senate Tax Extenders Bill
June 14, 2010 (PLANSPONSOR.com) – Some of the pension changes incorporated in pending legislation in the House may not make it to the Senate version.
Court Moves Forward Claims of Defaulted Participant
June 11, 2010 (PLANSPONSOR.com) – A federal court judge has refused to dismiss claims by a 401(k) participant that plan fiduciaries breached their duties when they transferred his...
Employee Arrested for Pulling Fire Alarm Can Sue for Defamation
June 10, 2010 (PLANSPONSOR.com) - A federal judge has refused to dismiss a former Parker McCay law librarian's suit alleging the firm defamed and falsely imprisoned her by...
Home Depot Cleared in Stock Drop Suit
June 10, 2010 (PLANSPONSOR.com) – A federal judge in Georgia has cleared Home Depot of wrongdoing in a stock drop lawsuit.
EBSA Issues Final Rule on DROs
June 10, 2010 (PLANSPONSOR.com) – The Department of Labor’s Employee Benefit Security Administration has issued a final rule clarifying certain issues relating to the timing and order of...
PBGC Announces Pension Funding Agreement with Reynolds Packaging
June 10, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced an agreement with Reynolds Packaging Group that strengthens a defined benefit plan covering more than 300...
Settlement of Fannie Mae Stock Suit Gets Preliminary Approval
June 9, 2010 (PLANSPONSOR.com) – A federal court judge has given preliminary approval to a $7.25-million settlement of an Employee Retirement Income Security Act (ERISA) action against the...
Alliant Tagged for Pre PPA Whipsaw Calculation
June 9, 2010 (PLANSPONSOR.com) – Alliant Energy Corp. improperly used a 30-year Treasury rate for whipsaw calculations for lump-sum distributions from its cash balance plan to employees younger...
AT&T Cleared in Cash Balance Suit
June 9, 2010 (PLANSPONSOR.com) – A federal judge in New Jersey has ruled that AT&T did not violate the Employee Retirement Income Security Act (ERISA) and the Age...
PBGC Unveils Premium Filing Checkbox Relief
June 8, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced on Tuesday that it will provide relief to certain premium filers who used the available premium...
Failure to Mention Benefit Option Explained in SPD no Fiduciary Breach
June 8, 2010 (PLANSPONSOR.com) – The U.S. District Court for the Western District of Wisconsin has found that an employer did not breach its fiduciary duties by failing...
IRS Reported Working on Church Plan Regs
June 7, 2010 (PLANSPONSOR.com) – Church defined benefit pension plans could be facing new Internal Revenue Service (IRS) regulations mandating participant disclosures that they are not covered by the...
Obama Orders Benefits Extended to Same-Gender Partners
June 4, 2010 (PLANSPONSOR.com) - President Obama signed a memo June 2 extending child care, employee assistance, credit union membership and other benefits to gay and lesbian federal...
Tyson Agrees to Pay for 'Donning and Doffing'
June 4, 2010 (PLANSPONSOR.com) – Tyson Foods Inc. has agreed to pay nearly 3,000 workers at its Blountsville, Alabama, facility $500,000 in back overtime wages for, among other...
Employer not Obligated to Make Discretionary 401(k) Match
June 3, 2010 (PLANSPONSOR.com) – A federal judge in Washington, D.C. has thrown out a lawsuit by a 401(k) participant alleging, among other things, that his former employer...
Court Upholds COBRA Benefits for Mooning Nurse
June 2, 2010 (PLANSPONSOR.com) – A federal court has upheld a determination from the U.S. Department of Labor that a female nurse fired for mooning a male colleague...
AT&T Justified in Pension Porting Denial
June 1, 2010 (PLANSPONSOR.com) – A federal judge has ruled that AT&T was within its rights to refuse “porting” rights to a worker who wanted pension credit for...