Employers Must Act Now to Comply with New COBRA Law
February 19, 2009 (PLANSPONSOR.com) - A new Segal Bulletin points out that health plan sponsors have to make a newly passed government COBRA subsidy available immediately, so they...
Compliance
Federal Department of Education Employee's Firing for Going AWOL Stands
February 18, 2009 (PLANSPONSOR.com) - The Federal Circuit Court of Appeals let stand a Merit Systems Protection Board decision to remove a federal Department of Education Employee who...
That Relief on the 403(b) Written Plan – It May be Better than You Thought
February 17, 2009 (PLANSPONSOR (b)lines) - In a Webcast sponsored by the Southeastern Association of School Business Officials, with support from VALIC, Robert J. Architect, Senior Tax Law...
Whipsaw Calculation Case Deemed Class Action
February 17, 2009 (PLANSPONSOR.com) - A federal judge in Wisconsin has declared as a class action a lawsuit by two cash balance participants over the failure to use...
Utah Court Says Worker Can Sue for Damages above Workers' Comp
February 17, 2009 (PLANSPONSOR.com) - The Supreme Court for the state of Utah has ruled that a refinery plant worker who suffered from seizure disorder due to exposure...
H.R. 1 Contains COBRA Provisions
February 13, 2009 (PLANSPONSOR.com) - Looks like that huge stimulus package has some COBRA provisions in it, after all.
Fear of Union Litigation Gives Whirlpool Standing in Retiree Benefit Suit
February 13, 2009 (PLANSPONSOR.com) - The U.S. District Court for the Southern District of Iowa has denied a motion to dismiss Whirlpool's lawsuit seeking the right to modify...
House Stimulus Version Includes TARP Pay Curbs
February 13, 2009 (PLANSPONSOR.com) - The version of the giant federal stimulus package passed out of the U.S. House of Representatives Friday restricts bonuses and other compensation for...
Corporate Inefficiency Allegations Not Protected by SOX
February 12, 2009 (PLANSPONSOR.com) - A federal judge in Massachusetts has rebuffed efforts by a former Staples, Inc. employee to gain protected whistleblower status over allegations the office...
Kentucky Employer Hit with $2K COBRA Penalty
February 12, 2009 (PLANSPONSOR.com) - A federal judge has hit a Kentucky firm with a $2,000 penalty and attorneys' fees for being late in notifying a former employee...
Appellate Court Backs Deere Case Dismissal
February 12, 2009 (PLANSPONSOR.com) - Chock up another win for a plan sponsor in the litany of revenue-sharing suits filed in 2006.
COBRA Expansion Provision Dropped from Stimulus Package
February 12, 2009 (PLANSPONSOR.com) - Employers can breathe a sigh of relief with word that a provision that would have expanded their COBRA obligations was dropped from the...
Pension Program Sues over Mortgage Security Offering
February 11, 2009 (PLANSPONSOR.com) - A pension fund has filed a federal court lawsuit against Goldman Sachs and other defendants with charges they filed false or misleading securities...
Federal Appellate Court Limits Office Search Challenges
February 11, 2009 (PLANSPONSOR.com) - A federal appellate court has ruled that executives only have a limited right to challenge workplace police searches outside their personal offices.
DC Plan Fee Disclosure Bill Introduced in U.S. Senate
February 11, 2009 (PLANSPONSOR. com) - Senator Tom Harkin (D-Iowa) and Senator Herb Kohl (D-Wisconsin), Chairman of the U.S. Senate Special Committee on Aging, on Thursday introduced legislation...
Subprime Lending Crisis not a Trigger to Investigate Company Stock Offering
February 11, 2009 (PLANSPONSOR.com) - The U.S. District Court for the Southern District of Ohio has determined that Huntington Bancshares Inc. did not breach its fiduciary duties under...
EBSA Releases PPA DB Disclosure Guidance
February 10, 2009 (PLANSPONSOR.com) - The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) announced interim guidance for new requirements that defined benefit plan sponsors disclose plan...
Cash Balance Suit Plaintiff Seeks Dismissal Rehearing
February 10, 2009 (PLANSPONSOR.com) - An employee who had his age discrimination claim against a cash balance plan dismissed has asked a federal judge to reconsider the dismissal...
COBRA Subsidy in Senate-Approved Stimulus Package Version
February 10, 2009 (PLANSPONSOR.com) - The economic stimulus package passed in the U.S. Senate on Tuesday included government subsidies for health-care premiums for laid-off workers.
New York Lawmaker Proposes Bank Bailout by Public Pensions
February 10, 2009 (PLANSPONSOR.com) - A New York Congressman has proposed allowing public pension programs to pool some of their funds to buy $50 billion to $250 billion...