Legislation Would Add Auto Enrollment Feature to TSP
March 13, 2009 (PLANSPONSOR.com) - Tacked onto a U.S. House bill aimed at regulating tobacco products is legislation to make changes to the Federal Thrift Savings Plan (TSP).
Compliance
Plan Loans Exempt from Truth-in-Lending Disclosure Requirements
March 13, 2009 (PLANSPONSOR.com) - The Federal Reserve System's Board of Governors has amended Regulation Z to exempt most retirement plan loans from the disclosure requirement of the...
Stimulus Bill Includes New HIPAA Rules
March 13, 2009 (PLANSPONSOR.com) - The recently enacted stimulus bill contains a number of significant changes to the Health Insurance Portability and Accountability Act (HIPAA) that will affect...
Proposed RI State Pension Revisions Include Hybrid Plan
March 13, 2009 (PLANSPONSOR.com) - A Rhode Island state House study commission has endorsed the building blocks for a new and less expensive retirement package for state employees...
PBGC Updates Reporting Rule
March 13, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) said Friday it will publish a final rule that amends its regulation on Annual Financial and Actuarial...
Lawmaker Vows Health Care Reform by Year-End 2009
March 11, 2009 (PLANSPONSOR.com) - U.S. Senator Max Baucus (D-Montana) announced Wednesday that the Senate Finance Committee, which he chairs, will take up comprehensive health care reform legislation...
9th Circuit Lets Stand San Francisco Health Care Ruling
March 10, 2009 (PLANSPONSOR.com) - The 9th U.S. Circuit Court of Appeals voted to deny a request by business groups for all of the judges to rehear their...
Court Says Worker Must Prove Coworker Was a Danger
March 10, 2009 (PLANSPONSOR.com) - The U.S. District Court for the District of Connecticut dismissed a case brought by a former employee who says he was fired for...
Burger King Settles on Teen Sexual Harassment Charge
March 10, 2009 (PLANSPONSOR.com) - Burger King Corporation will pay $85,000 and furnish significant non-monetary relief to settle a sexual harassment lawsuit brought by the U.S. Equal Employment...
PBGC Takes Over Madoff Victim Pension Fund
March 10, 2009 (PLANSPONSOR.com) - The nation's private pension insurer on Tuesday took over the pension plan covering 88 former employees of a New York City building service...
High Court Takes on Investment Adviser Fee Dispute
March 9, 2009 (PLANSPONSOR.com) - The nation's high court has agreed to consider whether the level of fees paid to investment advisers to mutual fund companies can violate...
UTC Captures Strong Legal Victory in Excess Fee Case
March 6, 2009 (PLANSPONSOR.com) - Another employer hit with a 401(k) excess fee suit has walked off with a decisive victory.
Pension Consultant Provides Fee Restitution to Clients
March 6, 2009 (PLANSPONSOR.com) - The U.S. Department of Labor has reached a settlement agreement with Consulting Services Group (CSG) of Memphis, Tennessee, and its affiliated broker/dealer which...
Court Finds Real Estate Deal Constituted ERISA Breach
March 6, 2009 (PLANSPONSOR.com) - A federal appellate court has upheld a lower court ruling that a former pension trustee committed a fiduciary breach by undervaluing real estate...
EBSA Announces South Fla. COBRA, HIPAA Seminars
March 5, 2009 (PLANSPONSOR.com) - The U.S. Department of Labor (DoL) has scheduled four South Florida conferences for plan sponsors about the Consolidated Omnibus Budget Reconciliation Act (COBRA)...
OK Health Care Measure Would Provide Incentives to Businesses
March 4, 2009 (PLANSPONSOR.com) - Oklahoma House members voted unanimously to approve a measure that would expand the state's Insure Oklahoma program.
What's Your Take on the Self-Correction Program (SCP)?
March 4, 2009 (PLANSPONSOR.com) - Joyce Kahn, the Manager of Voluntary Compliance at the Internal Revenue Service (IRS), is conducting a short, voluntary, and anonymous survey.
Court Finds no Support for Fiduciary Breach Claim against Fifth Third
March 3, 2009 (PLANSPONSOR.com) - The U.S. District Court for the Southern District of Ohio has ruled that retirement plan participants did not prove that Fifth Third Bancorp...
Lawmaker Reintroduces Family-Friendly Workplace Act
March 3, 2009 (PLANSPONSOR.com) - U.S. House Representative Cathy McMorris Rodgers (R-Washington) in February reintroduced the Family-Friendly Workplace Act (H.R. 933), a measure that would allow workers to...
Appellate Court Backs IRS 403(b) FICA Ruling
March 3, 2009 (PLANSPONSOR) - The University of Chicago has lost another round in its ongoing legal battle over whether a 403(b) plan sponsor is required to collect...