Alamo Hit with $287,000 Jury Award in Muslim Discrimination Case
June 7, 2007 (PLANSPONSOR.com) - A federal court jury in Phoenix has hit Alamo Rent-A-Car with a $287,000 award after finding the car rental firm illegally fired a...
Compliance
Bill Extends Employer Health Insurance Tax Breaks to Domestic Partners
June 7, 2007 (PLANSPONSOR.com) - Two U.S. Senators have introduced a proposal that would end the tax treatment disparity between employer-sponsored health coverage for domestic partners of employees...
Supreme Court Takes FedEx Discrimination Case to Settle Complaint Procedure
June 7, 2007 (PLANSPONSOR.com) - The nation's high court has accepted an age discrimination case involving FedEx Corp. to decide exactly what workers have to do before they...
Cashed-Out Participants Still Have ERISA Legal Standing
June 7, 2007 (PLANSPONSOR.com) - In a ruling described as the first of its kind by a federal appellate court, federal appellate judges have ruled that employees did...
Principal Revenue Sharing Suit Gets Moved to Iowa
June 6, 2007 (PLANSPONSOR.com) - A federal court lawsuit against the Principal Financial Group over fiduciary breach allegations connected with Principal's 401(k) plan revenue sharing arrangements has been...
Appellate Court Backs EEOC Retiree Health Rulemaking
June 5, 2007 (PLANSPONSOR.com) - In a move sure to be seen as an employer victory, a federal appellate court on Tuesday stripped away a prohibition on the...
Macristy Industries Settles Allegations over Improper Plan Asset Use
June 5, 2007 (PLANSPONSOR.com) - UK-holding company Macristy Industries Inc. and its president have agreed to restore $2.1 million into the company's cash balance plan to settle a...
IRS Puts Out Roth IRA Rollover Final Regs
June 4, 2007 (PLANSPONSOR.com) - Plan sponsors of prototype Roth IRAs interested in taking rollovers from 402A Roth Accounts first have to change their IRA documents to be...
MA Proposal Aims to Bar Weight and Height Discrimination
June 4, 2007 (PLANSPONSOR.com) - Massachusetts lawmakers are considering legislation that would bar workplace discrimination based on height and weight, as well as in landlord situations and real...
Convicted Former IL Governor Loses Pension Plea
June 1, 2007 (PLANSPONSOR.com) - An Illinois judge on Thursday rejected an attempt by former governor George Ryan to keep pension benefits he earned before engaging in activities...
JP Morgan Cash Balance Case Gets Class Action Status
June 1, 2007 (PLANSPONSOR.com) - Former and current employees of J.P. Morgan Chase & Co. who claim the bank's cash balance plan is age discriminatory were awarded class-action...
IRS Proposes Rules for Stepped Up HSA Employer Contribs
June 1, 2007 (PLANSPONSOR.com) - Employers contributing to employees' health savings accounts would be allowed to step up those contributions in cases where the worker has racked up...
IRS Release Guidelines on Substitute Mortality Table Requests
May 31, 2007 (PLANSPONSOR.com) - The Internal Revenue Service released Thursday the procedure employers must take if they want to use substitute mortality tables to compute their benefit...
DPL, Inc. Settles with Three Former Execs in Fiduciary Breach Case
May 31, 2007 (PLANSPONSOR.com) - The parent company of Dayton Power and Light Co., has agreed to a settlement with three former executives over claims that the trio...
Mid-Year Amendments to 401(k) Safe Harbor Plans OK
May 31, 2007 (PLANSPONSOR.com) - The Internal Revenue Service has issued guidance sanctioning mid-year changes to 401(k) safe harbor plans regarding new rules for Roth deferrals and hardship...
War Stories: May 2007
May 31, 2007 (PLANSPONSOR.com) - The issue of whether retailing giant Wal-Mart systematically discriminated against New Jersey employees by not properly paying them for hours worked will now...
Garden State Class Action against Wal-Mart Reinstated
May 31, 2007 (PLANSPONSOR.com) - The issue of whether retailing giant Wal-Mart systematically discriminated against New Jersey employees by not properly paying them for hours worked will now...
GASB Ports over Retiree Benefit Regs for Government Pensions
May 31, 2007 (PLANSPONSOR.com) - Government accounting rulemakers have issued a document to put government agency accounting officials under the same disclosure requirements for pension benefits as they...
PBGC to Publish Proposal on Amended Premiums
May 30, 2007 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) is publishing a proposed rule to amend the agency's regulations on premium rates and payment of premiums,...
Court Dismisses Janus Shareholders' Market Timing-linked Claim
May 29, 2007 (PLANSPONSOR.com) - The U.S. District Court for the District of Maryland threw out class action claims by shareholders of Janus Capital Group (JCG) who alleged...