PBGC Grabs Pittsburgh Brewing Co. Plan
May 23, 2006 (PLANSPONSOR.com) - The agency that insures private-sector pension plans has taken over a retirement program covering 532 workers and retirees of Pittsburgh Brewing Co.
Compliance
EEOC to Offer Early Retirements in Reorg Efforts
May 22, 2006 (PLANSPONSOR.com) - The Equal Employment Opportunity Commission (EEOC) plans to offer early retirements or buyouts as part of its reorganization plan.
Ex-wife's Pension Share Not Lessened by New Wife's Survivor's Benefits
May 19, 2006 (PLANSPONSOR.com) - A Virginia appellate court rejected a man's claim that the civil service pensions due to his former wife should be reduced by the...
Termination for Gross Misconduct not COBRA Qualifying Event
May 19, 2006 (PLANSPONSOR.com) - The US District Court for the District of Puerto Rico ruled that an employer did not violate COBRA notice requirements when it failed...
Employee Complaints about Plan Violations Protected by ERISA
May 19, 2006 (PLANSPONSOR.com) - The US District Court for the Eastern District of Michigan ruled that an employee's complaint to management about plan violations was an "inquiry...
Company President Ordered to Restore over $400K to Retirement Plans
May 19, 2006 (PLANSPONSOR.com) - The president of West End Lumber Company of Bridgeport, Connecticut has been ordered by the Department of Labor's Employee Benefits Security Administration (EBSA)...
Judge Sentences Woman to One Year for Pension Embezzlement
May 19, 2006 (PLANSPONSOR.com) - After pleading guilty to 13 accounts of embezzlement from a retirement pension fund, a Greenville, South Carolina woman was sentenced Thursday to one...
Lack of Proof of Good Health Reason for LTD Benefit Denial
May 18, 2006 (PLANSPONSOR.com) - The US District Court for the District of Massachusetts has upheld a long term disability plan administrator's denial of increased benefits to a...
Employers Can Run Sick Leave Concurrently with FMLA Time Off
May 17, 2006 (PLANSPONSOR.com) - The 8th US Circuit Court of Appeals ruled Friday that The Family and Medical Leave Act (FMLA) allows an employer to require its...
Garden State Joins Chorus of State Health Mandate Proposals
May 16, 2006 (PLANSPONSOR.com) - Following similar moves in several other states, a New Jersey state Senate panel has approved a bill forcing companies with more than 1,000...
Court Rules Benefits Plan Can Recover Overpayments
May 16, 2006 (PLANSPONSOR.com) - An error that results in an overpayment of benefits to a plan participant does not prevent the plan sponsor from recovering the amount...
High Court Approves ERISA's Equitable Relief Provisions
May 15, 2006 (PLANSPONSOR.com) - The US Supreme Court Monday upheld a decision by the 4th US Circuit Court of Appeals which said that under certain circumstances health...
Poultry Processing Company to Settle Back Pay Suit for $1.2 million
May 15, 2006 (PLANSPONSOR.com) - A Missouri poultry processing plant has agreed to pay $1.2 million in back pay to more than five thousand current and former employees...
Krispy Kreme Settles Retirement Plan Mismanagement Suit for $4.75M
May 15, 2006 (PLANSPONSOR.com) - Krispy Kreme Doughnuts Inc. says it has reached a proposed $4.75 million settlement in a class-action lawsuit brought by workers claiming that company...
Reliance on HR Director Advice goes Against SPD
May 12, 2006 (PLANSPONSOR.com) - The US District Court for the District of New Jersey has dismissed a lawsuit brought by a retiree who depended on the advice...
Pension Bill Likely to Save Northwest Pension Plans
May 12, 2006 (PLANSPONSOR.com) - The chairman of the Senate Finance Committee said the pension bill now being reconciled between the House and Senate will likely include a...
Lawmaker: 401Kids Accounts Secure American Dream for Children
May 12, 2006 (PLANSPONSOR.com) - US Representative Clay Shaw (R-Florida) has introduced HR 5314, the 401Kids Family Savings Act of 2006, which will allow parents to establish savings...
Court Finds no Ambiguity in Accelerated Vesting Provision of Severance Plan
May 12, 2006 (PLANSPONSOR.com) - The 6th US Circuit Court of Appeals has affirmed a lower court's decision that an employer did not act arbitrarily when it denied...
Court Finds no Ambiguity in Accelerated Vesting Provision of Severance Plan
May 12, 2006 (PLANSPONSOR.com) - The 6th US Circuit Court of Appeals has affirmed a lower court's decision that an employer did not act arbitrarily when it denied...
MI's Granholm Joins Health Reform Trend
May 11, 2006 (PLANSPONSOR.com) - Following the lead of lawmakers in Massachusetts and Vermont, Michigan Governor Jennifer Granholm unveiled a universal health care plan for her state Thursday...