PBGC to Publish Final Rules on Premium Rates
March 20, 2008 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it will publish a final rule to amend PBGC's regulations on Premium Rates and Payment of...
Compliance
Union Retirees Win Health Benefits Cutback Fight
March 20, 2008 (PLANSPONSOR.com) - A federal appellate court has ruled that an employer can't cut retired union members' health benefits because a union contract links the benefits...
Ex-Brocade Exec Slapped with Jail Time for Backdating Charges
March 20, 2008 (PLANSPONSOR.com) - A federal judge has rejected pleas to spare former Brocade Human Resources chief Stephanie Jensen from serving prison time in connection with a...
Family of Ex-Wal-Mart Employee Loses Health Benefits Repayment Fight
March 19, 2008 (PLANSPONSOR.com) - The U.S. Supreme Court has turned away an appeal from the family of a former Wal-Mart employee injured in a car crash in...
SPARK Institute Wants Extension on 403(b) Regs Compliance
March 19, 2008 (PLANSPONSOR.com) - The SPARK Institute has filed a 13-page comment letter with the Internal Revenue Service (IRS) about the new 403(b) retirement savings plan regulations,...
High Court Lets Stand Decision on COLAs in Lump-sum Calculations
March 18, 2008 (PLANSPONSOR.com) - The U.S. Supreme Court let stand a 7th U.S. Circuit Court of Appeals decision that cost-of-living adjustments (COLAs) provided to defined benefit plan...
PBGC to Publish Multiemployer Plan PPA Rule Changes
March 18, 2008 (PLANSPONSOR.com) - The nation's private-sector pension insurer announced on Tuesday that it will publish a proposed new rule implementing changes mandated by the Pension Protection...
(b)lines Series: 403(b) Final Regulations – Plan and Contract Terms
March 18, 2008 ((b)lines) - Final 403(b) regulations issued by the Internal Revenue Service require that all 403(b) programs have in place a written plan document and specify...
Ask the Expert – Your Questions on 403(b)s Answered 03/18
March 18, 2008 ((b)lines) - An adviser has some charter school clients that have been utilizing the DoL safe harbor in Labor Reg. § 2510.3-2(f). The adviser asks:...
Surviving Spouse Plan Requirements Cannot be Changed by Oral Representation
March 17, 2008 (PLANSPONSOR.com) - The 5th U.S. Circuit Court of Appeals affirmed a lower court ruling that a pension plan administrator was correct in denying surviving spouse...
Constructive Discharge Claim Rejected for Employee Who Failed to Report Harassment
March 17, 2008 (PLANSPONSOR.com) - The 8th U.S. Circuit Court of Appeals has affirmed a lower court ruling that an employer that acted on the only complaints it...
CA High Court Again Rules Individuals not Liable for Workplace Retaliation
March 17, 2008 (PLANSPONSOR.com) - In the same way as it has already ruled that nonemployer individuals in a workplace cannot be held liable for discrimination claims under...
Stimulus Check Schedule, Calculator Unveiled
March 17, 2008 (PLANSPONSOR.com) - If you're looking for an idea as to when that stimulus payment will arrive, you might want to start by checking out your...
IRS Lays Out Simplified Determination Letter Application Process
March 14, 2008 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has issued Announcement 2008-23, which lays out a new simplified process for obtaining determination letters for pre-approved defined...
U.S. House PPA Corrections Bill Leaves out Smoothing
March 14, 2008 (PLANSPONSOR.com) -The U.S. House of Representatives has approved a measure tuning up the Pension Protection Act (PPA), but the bill did not deal with the...
Court Decides There's no Reason to Drug Test Some Job Applicants
March 14, 2008 (PLANSPONSOR.com) - The 9th U.S. Circuit Court of Appeals has decided an applicant for a job as a part-time library page does not have to...
Participant Loses ERISA Claim over Plan Funding Issues
March 13, 2008 (PLANSPONSOR.com) - A former employee of a health-care facility can't sue his old employer for not properly funding the company's profit-sharing plan, a federal judge...
PBGC Eyes Transition Management
March 13, 2008 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC), the nation's private pension plan insurer, is analyzing its transition management processes - with an eye toward...
Dodd Proposes Disability Savings Accounts
March 12, 2008 (PLANSPONSOR.com) - Connecticut Senator Chris Dodd has introduced a bill creating tax-advantaged Disability Savings Accounts (DSAs) to allow families with disabled members to better save...
Appellate Court Sends Back Discrim Ruling for Judicial Do-Over
March 12, 2008 (PLANSPONSOR.com) - In an unusually harshly-worded opinion critical of a lower court's ruling in a gender discrimination suit filed by a deputy U.S. Marshal, a...