EEOC Gets New Chair and Commissioner
April 8, 2010 (PLANSPONSOR.com) - Jacqueline A. Berrien, the former Associate Director-Counsel of the NAACP Legal Defense and Educational Fund (LDF), was sworn in April 8 as the...
Compliance
Lawyer Disqualification Move Rebuffed in 401(k) Suit
April 8, 2010 (PLANSPONSOR.com) – A federal judge in West Virginia has ruled that lawyers simultaneously representing plan administrators and plan participants do not necessarily have a legal...
Advisory Council Calls for Retirement Commission
April 8, 2010 (PLANSPONSOR.com) –The Advisory Council on Employee Welfare and Pension Benefit Plans has called for the creation of a presidential commission to define a new national...
Court Finds Principal not a Fiduciary in Case Involving Rollover of 401(k) Accounts
April 8, 2010 (PLANSPONSOR.com) - A federal district court recently denied class certification in a lawsuit relating to the rollover of funds from 401(k) plans nationwide for which...
IRS Announces Form for Claiming HIRE Tax Exemption
April 7, 2010 (PLANSPONSOR.com) - The Internal Revenue Service has released a new form that will help employers claim the special payroll tax exemption that applies to many...
EBSA Enforcement Data Posted to the Web
April 7, 2010 (PLANSPONSOR.com) – The Employee Benefits Security Administration (EBSA) is one of a number of Department of Labor (DoL) agencies participating in a new Web site...
HHS Secretary Takes First Step to Establish High-risk Insurance Pools
April 5, 2010 (PLANSPONSOR.com) - U.S. Department of Health and Human Services (HHS) Secretary Kathleen Sebelius has issued a letter to governors and independent insurance commissioners asking each...
Bank Worker Who Witnessed Murder Entitled to Worker's Comp
April 2, 2010 (PLANSPONSOR.com) – An Ohio appellate court has ruled that a bank employee is eligible for workers compensation benefits for psychological injuries resulting from witnessing a...
Michigan of Two Minds on Healthcare Bill
April 2, 2010 (PLANSPONSOR.com) – State officials in Michigan appear to be of two minds on healthcare reform.
60-day Rollover Requirement Doesn't Apply to Check Made to New Plan
April 1, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has ruled that the 60-day rollover requirement is not applicable to a plan distribution check made payable to a...
9th Circuit Rejects Cost-sharing of Stock-based Compensation
March 31, 2010 (PLANSPONSOR.com) - In a reversal of a previous opinion the 9th U.S. Circuit Court of Appeals has held that stock option compensation costs need not...
Changes Included in Final Healthcare Law
March 30, 2010 (PLANSPONSOR.com) – Now that healthcare reform is officially the law of the land, employers will be scrambling to better understand what they have...
High Court Sides with Investors in Fee Case
March 30, 2010 (PLANSPONSOR.com) – The U.S. Supreme Court has ordered a federal appellate court to take another look at its ruling that mutual fund managers can only be...
S.C. Johnson Cleared for Cash Balance Backloading
March 30, 2010 (PLANSPONSOR.com) – S.C. Johnson & Sons Inc. was cleared of wrongdoing in connection with allegations it backloaded its cash balance pension plan.
Fiduciary Breach Claims Dismissed for KV Pharmaceutical
March 30, 2010 (PLANSPONSOR.com) – A federal court has dismissed claims by employees of KV Pharmaceutical Co. that the company breached its fiduciary duties by continuing to offer...
ASPPA Asks for Relief for Plans Falling out of ERISA Safe Harbor
March 30, 2010 (PLANSPONSOR.com) – The American Society for Pension Professionals and Actuaries has requested transitional relief for 501(c)(3) organizations offering 403(b) plans that have found themselves inadvertently...
PBGC Takes on Indalex Pension Plans
March 29, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for four underfunded pension plans covering nearly 3,100 former workers and retirees of Indalex...
5th Circuit Vacates Punitive Award in Xerox Retaliation Case
March 29, 2010 (PLANSPONSOR.com) - The 5th U.S. Circuit Court of Appeals has vacated a district court jury’s decision to award punitive damages to an employee who filed...
Court Finds Fraud Allegation not Barred by Worker's Comp Law
March 29, 2010 (PLANSPONSOR.com) – The Oregon Court of Appeals has ruled that an injured worker’s lawsuit alleging his employer committed fraud is not barred by the exclusive...
COBRA Subsidy Extension not Passed Before Lawmakers' Recess
March 29, 2010 (PLANSPONSOR.com) - The Senate adjourned Friday for a two-week recess without taking action on a bill that would temporarily extend federal COBRA health insurance premium...