DoL Publishes CHIP Model Notice
February 12, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor (DoL) has issued a model notice to help employers inform employees of opportunities for group health plan premium assistance...
Compliance
Motorola Hit with Two Stock Drop Suits
February 12, 2010 (PLANSPONSOR.com) - A Chicago law firm has filed two stock drop suits against Motorola alleging the communications company caused large losses in its defined contribution...
Senate Jobs Bill Includes Pension Relief, COBRA Extension
February 12, 2010 (PLANSPONSOR.com) - The two leaders of the U.S. Senate Finance Committee have released draft legislation they say will help create jobs that also includes pension...
DoL Posts Six EFAST2 User Guides
February 12, 2010 (PLANSPONSOR.com) – The Department of Labor (DoL) has posted on its Web site six EFAST2 user guides to assist with electronically filing Form 5500 for...
Some Employer-Provided Work Clothes not Taxable
February 12, 2010 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has asserted in a private letter ruling that the value of small items such as shirts, gloves, and...
‘Faith Healing’ Trip Not an FMLA-Authorized Event
February 10, 2010 (PLANSPONSOR.com) - A former clerk for a Burlington, Massachusetts, hospital was not entitled to take medical leave for a seven-week Philippines trip during which she...
IRS Compliance Audits Could Start This Month: Eisner LLP
February 8, 2010 (PLANSPONSOR.com) – An update from accounting firm Eisner LLP indicates that those IRS employment compliance audits could begin as soon as this month.
IRS Debunks Frivolous Tax Arguments
February 5, 2010 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has released the 2010 version of its “discussion” - and rebuttal - of many of the...
Lawmakers/Companies Make Further Plea for Pension Funding Relief
February 4, 2010 (PLANSPONSOR.com) - On a press conference call on February 4, an array of employers and retirement experts joined with Congressman Earl Pomeroy (D-North Dakota) to...
IRS to Mail 401(k) Compliance Questionnaires
February 4, 2010 (PLANSPONSOR.com) – New York accounting firm Eisner LLP has issued a warning that the Internal Revenue Service (IRS) will begin sending questionnaires to 401(k) sponsors...
U.K. Issues Auto Enrollment Timetable
February 3, 2010 (PLANSPONSOR.com) – The U.K.’s Department for Work and Pensions (DWP) has established timetables for when employers have to institute auto enrollment for work-based pensions with...
Colorado PERA Bill Heads to the House
February 2, 2010 (PLANSPONSOR.com) – The Colorado state Senate has approved and sent on to the state House a bill revamping the state’s public pension system.
Disability Change Requires Stronger Job Proof
February 2, 2010 (PLANSPONSOR.com) – A Pennsylvania appellate court has ruled that an employer must provide evidence of actual job openings when trying to prove a worker receiving...
Obama Administration Proposes another COBRA Subsidy Extension
February 2, 2010 (PLANSPONSOR.com) – The Obama administration has proposed an additional extension of the availability of COBRA premium subsidies for employees involuntarily terminated.
Fire Inspectors Cannot Sue over City's GPS Monitoring
February 1, 2010 (PLANSPONSOR.com) – Connecticut's highest court has ruled that two Bridgeport fire inspectors do not have a private right of action under Connecticut’s electronic monitoring statute.
Court Refuses Chapman Appeal Bid
February 1, 2010 (PLANSPONSOR.com) – A federal appellate court has rebuffed a bid by former investment broker Nathan Chapman Jr. to overturn his conviction for fraud against the...
Treasury, HHS Issue New Rules on Mental Health Parity
January 29, 2010 (PLANSPONSOR.com) - The U.S. Departments of Labor, Health and Human Services (HHS), and the Treasury have jointly issued new rules providing parity for consumers enrolled...
Court Allows Annuity Contracts Beneficiary Switch
January 29, 2010 (PLANSPONSOR.com)–A federal judge in Pennsylvania has ruled that a participant in TIAA-CREF annuity contracts met the requirements to change his beneficiary from his ex-wife to...
Participants not Due Additional Benefits Based on Defective SPD
January 29, 2010 (PLANSPONSOR.com) – A federal court has ruled that cash balance plan participants are not due additional benefits because a Summary Plan Description (SPD) failed to...
PBGC Assists Multiemployer Plans for Construction, Food Service Workers
January 28, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it has begun to give financial assistance to two insolvent pension plans covered by its multiemployer...