Compliance

Compliance | March 24th, 2010

PBGC Reaches Agreement on Pension with Auto Parts Maker

March 24, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) reached an agreement with BorgWarner, Inc., to strengthen the pension plan of almost 3,000 former workers at...

Compliance | March 23rd, 2010

Obama Signs Health Reform and the Fight Begins

March 23, 2010 (PLANSPONSOR.com) – Just seven minutes after President Barack Obama signed into law the health reform bill passed by the U.S. House late Sunday night, attorneys...

Compliance | March 23rd, 2010

Aon Had Right to Forfeit Benefits Due to Non-compete Agreement Violation

March 23, 2010 (PLANSPONSOR.com) – A federal court has found that Aon did not abuse its discretion by forfeiting non-qualified deferred compensation plan benefits of a former employee...

Compliance | March 23rd, 2010

Court Moves Forward Stock Drop Claims against MO Company

March 23, 2010 (PLANSPONSOR.com) – A federal court has ruled that participants in the 401(k) plan sponsored by MEMC Electronic Material can move forward with their Employee Retirement...

Compliance | March 22nd, 2010

Employers Face Health Coverage Mandate in 2014, or Do They?

March 22, 2010 (PLANSPONSOR.com) – The U.S. House of Representatives has sent sweeping health reform legislation to President Obama to sign, but the health care reform debate is...

Compliance | March 19th, 2010

DoL Releases Updated COBRA Model Notices

March 19, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor has released updated model notice packages to enable group health plans and employers to provide notice on the...

Compliance | March 19th, 2010

Medtronic Wins Company Stock Suit

March 19, 2010 (PLANSPONSOR.com) – A federal court has ruled that Medtronic Inc. did not breach its fiduciary duties by continuing to offer company stock as a retirement...

Compliance | March 19th, 2010

Court Finds 45-day Timing for Lump-sum Payments Reasonable

March 19, 2010 (PLANSPONSOR.com) – The U.S. District Court for the District of Columbia has ruled that U.S. Airways policy to pay retired pilots lump-sum benefits 45 days...

Compliance | March 19th, 2010

Court Dismisses Most Claims in State Street Stock Suit

March 19, 2010 (PLANSPONSOR.com) – A federal court has dismissed most claims against State Street Corporation and its retirement plan fiduciaries regarding the offering of company stock as...

Compliance | March 18th, 2010

New Law Offers Tax Incentives for Hiring

March 18, 2010 (PLANSPONSOR.com) – The Hiring Incentives to Restore Employment (HIRE) Act was enacted into law on Thursday.

Compliance | March 17th, 2010

House Passes up Pension Funding Relief

March 17, 2010 (PLANSPONSOR.com) - Pension plan funding relief provisions have been left out of a jobs bill approved by the House Ways and Means Committee.

Compliance | March 17th, 2010

Court Rules AT&T Doesn't Have to Pay Benefit Mistakenly Reported

March 17, 2010 (PLANSPONSOR.com) – A federal court has found AT&T is not bound to provide a lump-sum benefit a service provider mistakenly told a retiree he would...