Lawmakers Propose PBGC Restructuring
July 31, 2009 (PLANSPONSOR.com) - The nation's private-sector pension insurer would be restructured under legislation introduced in the U.S. Senate.
Compliance
Court Finds Individual Managers Liable for Unpaid Wages
July 30, 2009 (PLANSPONSOR.com) - The 9th U.S. Circuit Court of Appeals has found that the individual managers of a now-bankrupt casino are liable under the Fair Labor...
Health Care Reform Moving Again – Or Is It?
July 29, 2009 (PLANSPONSOR.com) - Published reports suggest that Democrats have worked through a compromise on a health care reform bill that had been stalled due to cost...
Financial Services Committee Passes Exec Comp Measure
July 29, 2009 (PLANSPONSOR.com) - The U.S. House's Financial Services Committee on Tuesday approved legislation to put an end to "compensation practices that encourage executives to take excessive...
NYFD Hiring Tests Found to be Discriminatory
July 27, 2009 (PLANSPONSOR.com) - The U.S. District Court for the Eastern District of New York has found that two examinations used to place entry-level New York City...
DoL Updates Disability Info Web Site
July 27, 2009 (PLANSPONSOR.com) - In conjunction with the 19th anniversary of the Americans with Disabilities Act, the U.S. Department of Labor has renamed and relaunched its Web...
Federal Retiree Rehire Provision Survives Senate Filibuster
July 27, 2009 (PLANSPONSOR.com) - A measure allowing federal agencies to rehire retirees without a cut in annuity payments passed the U.S. Senate last week as part of...
Utah Court Says Wages can be Considered in Disability Determination
July 27, 2009 (PLANSPONSOR.com) - The Utah Supreme Court has rejected an employer's argument that the state's Labor Commission cannot consider an injured worker's previous earnings in a...
Court Must Consider Plaintiffs' ADA Qualification to Certify Class
July 24, 2009 (PLANSPONSOR.com) - The 3rd U.S. Circuit Court of Appeals has reversed a district court's certification of a nationwide class of employees alleging unlawful discrimination by...
No Health Reform before Recess
July 24, 2009 (PLANSPONSOR.com) - Close, but no cigar. While reports last week indicated health reform bills would be passed in both the U.S. Senate and House before...
Minimum Wage Increase Stages Complete
July 24, 2009 (PLANSPONSOR.com) - The federal minimum wage increased to $7.25 on Friday, July 24, 2009.
Participant's Refinanced Plan Loan Caused Deemed Distribution
July 24, 2009 (PLANSPONSOR.com) - The U.S. Tax Court has agreed with the Internal Revenue Service that a participant's refinanced retirement plan loan exceeded the loan limit under...
Senate Shoots Down Fed Employee Sick Leave Credit
July 24, 2009 (PLANSPONSOR.com) - An amendment to the Defense authorization bill that would have allowed federal employees under the Federal Employees Retirement System (FERS) to get credit...
Veto of Connecticut Health Care Bill not Overridden
July 24, 2009 (PLANSPONSOR.com) - Connecticut legislators failed this week to override Governor M. Jodi Rell's veto of a bill that would have opened up the health insurance...
Boehner Bill Includes RMD Provision
July 23, 2009 (PLANSPONSOR.com) - A provision of the Savings Recovery Act of 2009 (H.R. 2021) would extend the suspension of required minimum distribution (RMD) requirements through 2012.
Appellate Court Sends Annuity Rule Back for SEC Do-Over
July 22, 2009 (PLANSPONSOR.com) - A federal appellate court has sent back to the U.S. Securities and Exchange Commission (SEC) a 2008 rule governing fixed indexed annuities (FIAs)...
Despite All Efforts, Delphi Plans Go to PBGC
July 22, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it will assume responsibility for the pension plans of 70,000 workers and retirees of Delphi Corp.,...
Wis. Domestic Partnership Law Approved in Budget Process
July 21, 2009 (PLANSPONSOR.com) - Despite having a constitutional amendment banning same-sex marriage and civil unions, Wisconsin now officially recognizes domestic partnerships among same-sex couples.
Abuse of Discretion Named Top Hat Dispute Standard
July 21, 2009 (PLANSPONSOR.com) - A federal appellate court has ruled that a benefits decision by an administrator of a top hat non-qualified deferred compensation plan should be...
Elimination of Pensioner Death Benefit Did not Violate ERISA
July 20, 2009 (PLANSPONSOR.com) - The 10th U.S. Circuit Court of Appeals has upheld a district court's ruling that Qwest Communications did not violate the Employee Retirement Income...