EBSA Clarifies Investment Advice Regulations
August 21, 2008 (PLANSPONSOR.com) - Two proposed regulations released Thursday from the Department of Labor (DoL) include a model for advisers to satisfy the fee disclosure requirement for...
Compliance
CO System too Late to be Class Member in Securities Suit
August 21, 2008 (PLANSPONSOR.com) - The 7th U.S. Circuit Court of Appeals has ruled that the Colorado Public Employees Retirement System (CoPERA) moved too late to intervene as...
Miller Slams DoL Advice Proposal
August 21, 2008 (PLANSPONSOR.com) - The Labor Department's advice proposal drew a quick - and harsh - assessment from Congressman George Miller (D-California).
Nationwide Turned Back on Revenue Sharing Countersuit Attempt
August 15, 2008 (PLANSPONSOR.com) - A federal judge in Connecticut has ruled that while Nationwide Financial Services can legally countersue trustees of five 401(k) plans in a revenue...
IRS Issues Corrections Program Update
August 14, 2008 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has released an in-depth rewrite of its correction programs for retirement plan sponsors who have not complied with...
FLSA Requires Compensation for Work through Required Breaks
August 11, 2008 (PLANSPONSOR.com) - Even if employees work through their required meal breaks in violation of company policy, the employer still must pay them for all hours...
Employer Was Not Off Base in Disability Cutoff
August 11, 2008 (PLANSPONSOR.com) - A federal appellate court has cleared an employer of wrongdoing in the firing of an employee who returned to work while receiving disability...
Court Moves Forward Eating Disorder Treatment Coverage Suits
August 12, 2008 (PLANSPONSOR.com) - A federal judge has flashed the green light for two class-action lawsuits challenging eating disorder insurance coverage to move forward.
Noncompetes Invalid under California Law
August 8, 2008 (PLANSPONSOR.com) - The California State Supreme Court has ruled that noncompetition agreements violate state law even if narrowly drawn.
Appellate Court Revives Boeing Sex Harassment Suit
August 8, 2008 (PLANSPONSOR.com) - A federal appellate court has breathed new life into a sexual harassment and retaliation lawsuit filed against the Boeing Company on behalf of...
CA Lawmakers: Paid Sick Leave Benefit too Costly
August 8, 2008 (PLANSPONSOR.com) - A California bill that would force employers to provide paid sick leave for workers died Thursday amid business lobbyists' opposition and lawmakers' concern...
Regulators Lay out Rules on Pension Transfers
August 6, 2008 (PLANSPONSOR.com) - While declaring that employers cannot transfer their pension plans to an unrelated entity without moving "significant business assets, operations or employees," federal regulators...
Worker's Positive Drug Test not Grounds for Benefits Denial
August 5, 2008 (PLANSPONSOR.com) - A state of Ohio appellate court has thrown out a decision by the Industrial Commission of Ohio denying an employee who tested positive...
Anti-Semitic Slurs Create Hostile Work Environment
August 5, 2008 (PLANSPONSOR.com) - The New Jersey Supreme Court has upheld a trial court's ruling that comments made about a former police officer's Jewish ancestry and faith...
House Bill Would Extend Use of Federal E-Verify Program
August 5, 2008 (PLANSPONSOR.com) - The U.S. House of Representatives passed bill H.R. 6633 on July 31, 2008, that would extend the government's voluntary employment verification program for...
Appeals Court Revives Home Depot Company Stock Suit
August 5, 2008 (PLANSPONSOR.com) - The U.S. 11th Circuit Court of Appeals has revived a lawsuit filed by former participants in a Home Depot 401(k) plan against the...
Hispanic Fired for English Abilities Can Pursue Discrimination Claim
August 1, 2008 (PLANSPONSOR.com) - A District of Columbia appellate court has ruled that a man fired from a credit union because he could not speak English well...
House Bill Would Help Women Fight Pay Discrimination
August 1, 2008 (PLANSPONSOR.com) - Legislation that would give women more tools with which to fight pay discrimination passed a U.S. House vote on Thursday.
DoL Sues the Brown Schools for Failure to Forward Employee Contributions
August 1, 2008 (PLANSPONSOR.com) - The U.S. Department of Labor has sued fiduciaries of the 401(k) plan of The Brown Schools Inc. of Austin, Texas, for failure to...
PBGC Takes Over Four Plans of NY Hospital
July 30, 2008 (PLANSPONSOR.com) - The chief of the nation's private-sector pension insurer used the occasion of the takeover of several plans from a New York hospital to...