ERISA Preempts New York Health Care Law Targeting Wal-Mart
July 18, 2007 (PLANSPONSOR.com) - The U.S. District Court for the Eastern District of New York has ruled that the Employee Retirement Income Security Act (ERISA) bars a...
Compliance
Employer Benefit Payments to Union Plan Required Regardless of Union Coverage
July 18, 2007 (PLANSPONSOR.com) - A federal judge in New York has ruled that a highway striping company must make benefit contributions for all employees covered under a...
House Panel Approves Mental Health Parity Bill
July 18, 2007 (PLANSPONSOR.com) - The House Education and Labor Committee on Wednesday approved legislation that would require group health care plans to provide the same cost-sharing provisions...
Plan Effort to Recoup Mistaken Distribution Funds Gets Court OK
July 18, 2007 (PLANSPONSOR.com) - A federal judge in Texas has turned aside efforts by a former plan participant to block his ex-employer from recouping $240,000 the plan...
House Panel Approves Mental Health Parity Bill
July 18, 2007 (PLANSPONSOR.com) - The House Education and Labor Committee on Wednesday approved legislation that would require group health care plans to provide the same cost-sharing provisions...
SPARK:12b-1 Fees Keep Plan Costs Down
July 17, 2007 (PLANSPONSOR.com) - Retirement services trade group The SPARK Institute asked the Securities and Exchange Commission (SEC) to continue allowing mutual funds to pay 12b-1 fees...
NEA Hit with 403(b) Revenue Sharing Lawsuit
July 17, 2007 (PLANSPONSOR.com) - Two teachers have accused the National Education Association (NEA) of a fiduciary breach for accepting millions of dollars in revenue sharing funds in...
GAO: Role of PBGC Board Needs Clarification
July 17, 2007 (PLANSPONSOR.com) - A new government study asserted that the nation's private-sector pension insurer has suffered from "confusion and inefficiencies" because it has no formal guidelines...
PBGC Takes on Hardware and Building Supply Co's Plan
July 17, 2007 (PLANSPONSOR.com) - The nation's private-sector pension insurer has seized the underfunded pension plan covering nearly 900 former employees of Scotty's Inc., a hardware and building...
Health Plan Administrator's Decision to Deny Obesity-Linked Surgery Not Arbitrary
July 17, 2007 (PLANSPONSOR.com) - The U.S. District Court for the Middle District of Tennessee ruled that a group health plan administrator did not act arbitrarily when it...
Health Plan Administrator's Decision to Deny Obesity-Linked Surgery Not Arbitrary
July 17, 2007 (PLANSPONSOR.com) - The U.S. District Court for the Middle District of Tennessee ruled that a group health plan administrator did not act arbitrarily when it...
PBGC Seizes Food Company's Pension Program
July 16, 2007 (PLANSPONSOR.com) - The nation's private-sector pension insurer has seized the underfunded pension plan covering nearly 3,000 employees and retirees of bankrupt snack food manufacturer Tom's...
Tax Court Rejects Hepatitis Early Withdrawal Penalty Exception
July 13, 2007 (PLANSPONSOR.com) - A participant who tried to claim the disability exception to the required 10% early withdrawal penalty because he suffered from hepatitis C was...
PBGC Takes On Keller Manufacturing Pension Plan
July 13, 2007 (PLANPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) said it would take over the pension obligations of Louisville, Kentucky-based Keller Manufacturing, whose pension plan is...
HI Governor Vetoes of Workers Comp Bill Stand
July 13, 2007 (PLANSPONSOR.com) - Both the Hawaii Senate and House of Representatives failed to garner the two-thirds affirmative vote needed to override vetoes by Governor Linda Lingle...
PBGC Steps In to Save Abandoned Plan
July 13, 2007 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it has assumed responsibility for the underfunded pension plan covering 464 former employees of now-bankrupt Oklahoma...
Court Blocks UAL's Move to Dismiss Pilot Pension Suit
July 13, 2007 (PLANSPONSOR.Com) - A federal judge in Chicago has turned aside efforts by UAL Corp., parent of United Airlines, to quash a pilots' lawsuit over how...
Court Blocks UAL's Move to Dismiss Pilot Pension Suit
July 13, 2007 (PLANSPONSOR.Com) - A federal judge in Chicago has turned aside efforts by UAL Corp., parent of United Airlines, to quash a pilots' lawsuit over how...
Plan of Bankrupt Law Firm Goes to PBGC
July 12, 2007 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it has assumed responsibility for the underfunded pension plan covering about 460 employees and retirees of...
Plan of Bankrupt Law Firm Goes to PBGC
July 12, 2007 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it has assumed responsibility for the underfunded pension plan covering about 460 employees and retirees of...