No Mention of Pension in Prenup Doesn't Entitle Wife to Benefits
December 28, 2009 (PLANSPONSOR.com) – A Florida appeals court has found that an ex-spouse was not being deceitful when he failed to list a pension account in a...
Compliance
Vick Advisers Barred from ERISA Plans
December 28, 2009 (PLANSPONSOR.com) – Michael Vick’s former financial advisers won’t be working with ERISA plans anymore.
ESOPs Get Legislative Backing
December 24, 2009 (PLANSPONSOR.com) – Employee stock ownership plan (ESOP) proponents got some legislative backing last week.
Health Reform Bill Okayed by U.S. Senate
December 24, 2009 (PLANSPONSOR.com) – The U.S. Senate approved a landmark health-care reform measure early Thursday morning under which most Americans must obtain coverage either from their employer...
State, Fed Courts Share ERISA QDRO Jurisdiction
December 24, 2009 (PLANSPONSOR.com) – The Minnesota Supreme Court has ruled that both state and federal courts have legal jurisdiction to enforce qualified domestic relations orders (QDRO) giving...
House Bill Would Change Non-Discrimination Testing Rules
December 23, 2009 (PLANSPONSOR.com) – A bill has been introduced in the U.S. House that would change how qualified retirement plans perform non-discrimination testing.
Court Moves Forward Kraft Foods Excessive Fee Suit
December 22, 2009 (PLANSPONSOR.com) – A federal judge has moved forward claims by Kraft Foods Global employees that retirement plan fiduciaries breached their duties by offering investment options...
Employee’s Lawsuit Release Could Imperil Class-Action Status
December 22, 2009 (PLANSPONSOR.com) – A former employee's signed release of legal claims against her employer may interfere with her ability to represent fellow members of a class-action...
Judge Clears CalPERS Furloughs
December 21, 2009 (PLANSPONSOR.com) – A California state judge has cleared the way for employee furloughs at the California Public Employees’ Retirement System (CalPERS) to proceed.
COBRA Subsidy Extension Passed
December 21, 2009 (PLANSPONSOR.com) – The president has signed a measure approved by the U.S. Senate over the weekend that extends displaced workers’ COBRA health care subsidies from...
Tribune ESOP Fiduciary Breach Suit Moves Forward
December 21, 2009 (PLANSPONSOR.com) – A federal court has moved forward claims that fiduciaries for the Tribune Company Employee Stock Ownership Plan (ESOP) breached their duty to the...
Disability Discrimination Claim Dischargeable in Bankruptcy
December 18, 2009 (PLANSPONSOR.com) - The 1st U.S. Circuit Court of Appeals has ruled that an Americans with Disabilities Act (ADA) discrimination claim against a company in bankruptcy...
Employer Given Incomplete Address Meets COBRA Notice Standard
December 18, 2009 (PLANSPONSOR.com) – A federal court has ruled that an employer who was given an incomplete address by an employee satisfied its COBRA notice obligation to...
Employer-Required Alcohol Counseling not 'Work'
December 17, 2009 (PLANSPONSOR.com) – A federal judge has thrown out a lawsuit by a Lexington, Kentucky, police officer arguing he should have been paid for the time...
House Lawmakers Approve COBRA Subsidy Extension
December 16, 2009 (PLANSPONSOR.com) – The U.S. House of Representatives on Wednesday approved a bill that would extend federal COBRA health coverage cost subsidies for involuntarily terminated employees.
Senator Says Target-Date Legislation Coming
December 16, 2009 (PLANSPONSOR.com) – Regulators may already be taking a harder look at target-date funds, but it now looks as though Congress will get into...
Employer May be Liable for Employee Injury while Walking from Parking Lot
December 16, 2009 (PLANSPONSOR.com) – The Nebraska Supreme Court has ruled that an employer can be held liable for injuries an employee suffered while walking from a parking...
EBSA Fiduciary Seminar Comes to Pasadena
December 16, 2009 (PLANSPONSOR.com) – Next month plan sponsors in the Los Angeles, California area will get a chance to better understand their fiduciary responsibilities.
IRS Delays Effective Date on Qualified Transportation Fringes
December 15, 2009 (PLANSPONSOR.com) – The Internal Revenue Service has delayed the effective date of guidance on the use of smartcards, debit or credit cards, or other electronic...
Court Moves Forward Claim ESOP Reps Omitted Financial Data
December 15, 2009 (PLANSPONSOR.com) – A federal court has ruled that a former Employee Stock Ownership Plan (ESOP) participant can pursue his claim that plan fiduciaries breached their...