EBSA Announces Online 5500 Walk-Through
February 9, 2009 (PLANSPONSOR.com) - Plan sponsors will get a walk-through of the 2009 Form 5500 reports and a new electronic filing Web site from a scheduled February...
Compliance
Plan Sponsors Must Notify PBGC of Crippling Madoff Losses
February 6, 2009 (PLANSPONSOR.com) - In light of the widespread pension investment losses linked to the Bernard Madoff Ponzi scheme, the nation's private-sector pension insurer has reminded single-employer...
That Tax Statement May Not Be In The Mail – Yet
February 6, 2009 (PLANSPONSOR.com) - You may have noticed that those year-end tax statements aren't showing up as soon this year - but the Internal Revenue Service (IRS)...
Court Finds no Interference of Benefits in Excessive Absence Termination
February 5, 2009 (PLANSPONSOR.com) - The U.S. District Court for the Middle District of Florida has ruled that Lockheed Martin did not violate the Employee Retirement Income Security...
DoL Provides Guidance for Madoff-Maimed Plans
February 5, 2009 (PLANSPONSOR.com) - With an expanding list of retirement plans snared by investments tied to Bernard L. Madoff, the Labor Department has published some guidance for...
Dodd Proposes Retroactive Exec Pay Limit
February 5, 2009 (PLANSPONSOR.com) - Legislation proposed in the U.S. Senate on Wednesday differs from President Obama's proposal for limiting executive pay for bailout recipients in that its...
DoL Suggests Advice Rule Delay
February 4, 2009 (PLANSPONSOR.com) - The U.S. Department of Labor (DoL) has proposed putting off for 60 days the implementation of its recently released final mandate on making...
EBSA Offers Another Free Fiduciary Seminar
February 4, 2009 (PLANSPONSOR.com) - Next week plan sponsors in the Long Island area will have a chance to learn how to "get it right."
Court Rules Forfeiture of Incentive Does not Violate State Wage Law
February 4, 2009 (PLANSPONSOR.com) - Massachusetts' Supreme Judicial Court has determined that the forfeiture provision of a Capital Accumulation Plan (CAP) does not violate the state's weekly wage...
Judge Holds Employer Liable for Missing Plan Contributions
February 3, 2009 (PLANSPONSOR.com) - A federal judge has ruled that the owner of a now-defunct Michigan construction firm is personally liable for $24,900 in unpaid retirement savings...
Stock Drop Suit Hits BoA over Countrywide, Merrill Deals
February 3, 2009 (PLANSPONSOR.com) - A Bank of America (BoA) employee has hit the financial services giant with a stock drop suit alleging the company's acquisitions of Countrywide...
State Street Validated by Company Stock Suit Ruling
February 2, 2009 (PLANSPONSOR.com) - A federal appellate court has cleared State Street Bank & Trust Co. of wrongdoing for selling W.R. Grace Company stock from the company's...
Effective Date of New Form I-9 Delayed
February 2, 2009 (PLANSPONSOR.com) - The Department of Homeland Security's U.S. Citizenship and Immigration Services (USCIS) has delayed the implementation of a new rule and new Form I-9...
CA Appellate Court Upholds $1M+ Civil Suit Award Against Employer
February 2, 2009 (PLANSPONSOR.com) - A California appellate court has upheld an award of just over $1 million to an employee who sued his employer after he was...
New Health Care Legislation Requires Disclosures from Employers
February 2, 2009 (PLANSPONSOR.com) - Both houses of Congress have passed new legislation that would, among other things, require employers to amend their health care coverage rules and...
CA Judge Says Governor Can Force Furloughs for State Workers
January 30, 2009 (PLANSPONSOR.com) - A Sacramento Superior Court judge on Thursday ruled that it was legal for Governor Arnold Schwarzenegger to force state workers to take two...
Stock Drop Suit Passes First Hurdle
January 30, 2009 (PLANSPONSOR.com) - An employee 401(k) stock drop suit survived its first major challenge when a federal judge in Tennessee turned away an early effort by...
Court Hears Arguments on PBGC Plan Termination Fees
January 30, 2009 (PLANSPONSOR.com) - U.S. federal judges on Thursday heard arguments whether companies that emerge from bankruptcy must pay termination fees to the Pension Benefit Guaranty Corporation...
House Passes COBRA Expansion as Part of Stimulus Package
January 29, 2009 (PLANSPONSOR.com) - Legislation approved by the U.S. House of Representatives as part of a stimulus package could require employers to offer COBRA health care coverage...
Ledbetter Pay Equity Bill Signed into Law
January 29, 2009 (PLANSPONSOR.com) - President Barack Obama on Thursday signed into law the Lilly Ledbetter Fair Pay Restoration Act, which allows workers up to six months after...