Severance Plan Amendment Notice not Sufficient
July 25, 2007 (PLANSPONSOR.com) - An Illinois federal court ruled Wednesday that a case claiming CNA Financial Corporation did not give members of its sales force sufficient notice...
Compliance
Severance Plan Amendment Notice not Sufficient
July 25, 2007 (PLANSPONSOR.com) - An Illinois federal court ruled Wednesday that a case claiming CNA Financial Corporation did not give members of its sales force sufficient notice...
Abuse of Discretion Proper Standard for Benefit Provider also Administrator
July 24, 2007 (PLANSPONSOR.com) - The 5th U.S. Circuit Court of Appeals has upheld a summary judgment in favor of an employer who served as both insurer and...
Employer Did Not Purposefully Interfere with Truck Driver's Health Benefits
July 24, 2007 (PLANSPONSOR.com) - The U.S. District Court for the Northern District of Indiana ruled that a truck driver employed in an at-will status presented insufficient proof...
Former Cowboys Lineman Not Entitled to Workers' Comp
July 24, 2007 (PLANSPONSOR.com) - The 10th U.S. Circuit Court of Appeals ruled that Chad Hennings, a defensive lineman for the Dallas Cowboys whose career was halted by...
EBSA: 403(b) Programs Not Necessarily ERISA Plans
July 24, 2007 (PLANSPONSOR.com) - A day after the Internal Revenue Service (IRS) released the final version of its 403(b) rules, the Department of Labor (DoL) said Tuesday...
Retirement Associations Submit Fee Disclosure Recommendations to DoL
July 24, 2007 (PLANSPONSOR.com) - Twelve associations that represent employers who sponsor 401(k) plans submitted recommendations to the Department of Labor on Tuesday on how to improve fee...
U.S. Senate Introduces Bill to Increase Health Coverage Tax Credit
July 24, 2007 (PLANSPONSOR.com) - Legislation introduced in the U.S. Senate would provide an 85% tax credit - up from the current 65% - that employees who lose...
Unisys Made Misrepresentations about Health Insurance Coverage
July 23, 2007 (PLANSPONSOR.com) - The U.S. District Court for the Eastern District of Pennsylvania said that Unisys Corp. would have to restore the free or low-cost retiree...
LTD Plan Hit with $9,800 Penalty for Late Plan Documents Copy Response
July 23, 2007 (PLANSPONSOR.com) - A federal judge in Indiana has hit a health care company with a $9,800-penalty under the Employee Retirement Income Security Act (ERISA) for...
Final 403(b) Regs Give Sponsors a Break on their Effective Date
July 23, 2007 (PLANSPONSOR.com) - Many 403(b) plan sponsors will be breathing a sigh of relief with word that final Internal Revenue Service (IRS) regulations are generally not...
Guidance Coming, Comments Requested on § 457: IRS
July 23, 2007 (PLANSPONSOR.com) - A new notice from the Internal Revenue Service says that guidance under § 457 is coming for nonqualified deferred compensation plans of state...
Guidance Coming, Comments Requested on § 457: IRS
July 23, 2007 (PLANSPONSOR.com) - A new notice from the Internal Revenue Service says that guidance under § 457 is coming for nonqualified deferred compensation plans of state...
Buffalo Color Corp Trustees to Pay $300,000 to PBGC
July 20, 2007 (PLANSPONSOR.com) - The trustees of Buffalo Color Corp's two employee pension plans must pay $300,000 to the Pension Benefit Guaranty Corporation (PBGC), as the plan's...
Court Sides with Participants on ERISA Retaliation Claim
July 19, 2007 (PLANSPONSOR.com) - The U.S. District Court for the District of Nebraska has ruled in favor of Brentwood Dental Group employees on a claim of retaliation...
Colorado Court Gives Nod to Attorney Award in US West Settlement
July 19, 2007 (PLANSPONSOR.com) - The Colorado Court of Appeals said the $15 million award paid to an attorney representing US West retirees after a $50 million settlement...
PBGC Issues Final Procedures for Multiemployer Plan Elections
July 19, 2007 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has issued final procedures for multiemployer plan elections under Section 1106 of the Pension Protection Act of...
Workers' Compensation not Only Remedy for Injuries from Horseplay
July 19, 2007 (PLANSPONSOR.com) - The Delaware Supreme Court ruled that a pipefitter and welder injured as a result of horseplay at work can bring a personal injury...
Court Dismisses Fiduciary Breach Claim in COLI Dispute
July 19, 2007 (PLANSPONSOR.com) - The 5th U.S. Circuit Court of Appeals has determined that an employee of Camelot Music Inc. cannot pursue claims against an insurance company...
Court Sides with Participants on ERISA Retaliation Claim
July 19, 2007 (PLANSPONSOR.com) - The U.S. District Court for the District of Nebraska has ruled in favor of Brentwood Dental Group employees on a claim of retaliation...