New Incentive Stock Option Tax Credit Proposed
January 31, 2003 (PLANSPONSOR.com) - A new bill now before Congress would allow a minimum credit against the alternative minimum tax when stock from an incentive stock option...
Compliance
Fix Explained For SS Errors on W2 Forms
January 31, 2003 (PLANSPONSOR.com) - HR officials who find out that an employee's social security number isn't correctly recorded on a W-2 form can withhold tax from the...
ERSAs Bear Major Changes for Plan Sponsors
January 31, 2003 (PLANSPONSOR.com) - Come Monday plan sponsors - and participants - will have some new retirement plan options to consider, and perhaps a few less to...
Judge: Ex-Wife Without Standing in ERISA Benefits Case
July 1, 2005 (PLANSPONSOR.com) - The ex-wife of a pension plan participant can't pursue a lawsuit over whether she is still due benefits, because the participant had already...
New ESOP Bill Intends to Improve Plan Operation
June 30, 2005 (PLANSPONSOR.com) - US Senator Blanche Lincoln (D-Arkansas) has introduced the Employee Stock Ownership Plan Promotion and Improvement Act of 2005 (S 1319) designed "to improve...
Appeals Court Throws Out Psych Test Use in Promotions
June 30, 2005 (PLANSPONSOR.com) - A federal appeals court has ruled that a home furnishings rental company violated a federal anti-discrimination law when it administered a psychological test...
Boehner Pension Reform Bill Passes Committee on Party Line Vote
June 30, 2005 (PLANSPONSOR.com) - A sweeping pension reform bill penned by a prominent US House Republican passed a House committee Thursday even though Democrats withheld their votes...
3M Workers Lose Latest Round in Long Pension Plan Battle
June 30, 2005 (PLANSPONSOR.com) - A group of 3M employees have lost another legal battle in their nine-year fight over whether the company breached its fiduciary duties by...
Idaho Court: SPD Not Controlling Document in Church Plan
June 30, 2005 (PLANSPONSOR.com) - Because the pension plan offered by an Idaho hospital was exempt from the Employee Retirement Income Security Act (ERISA) as a church plan,...
SEC to Add More Detail to Independent Fund Director Rule
June 29, 2005 (PLANSPONSOR.com) - The US Securities and Exchange Commission (SEC) voted 3-2 on Wednesday to add details about compliance costs and alternative approaches to its rules...
Michigan Education Retirees Lose Health Cost Increase Challenge
June 29, 2005 (PLANSPONSOR.com) - A group of Michigan public school retirees has come away empty-handed in its legal battle challenging increases in health care deductibles and copays...
Independent Contractor Allowed to Fight for Benefits
June 29, 2005 (PLANSPONSOR.com) - A federal judge has kept alive the lawsuit filed by a former employee of Credit Suisse First Boston against the company claiming that...
Supreme Court Turns Away Lucent Early Retirement Benefits Appeal
June 28, 2005 (PLANSPONSOR.com) - The US Supreme Court has rebuffed efforts by Lucent Technologies to overturn a federal appeals court ruling allowing former employees to pursue a...
EEOC Stays With Reorganization Despite Criticisms
June 27, 2005 (PLANSPONSOR.com) - The Equal Employment Opportunity Commission (EEOC) is sticking with its plan to downgrade eight of its 23 district offices and add two local...
DoL: More Generous State Law Not Preempted By ERISA
June 24, 2005 (PLANSPONSOR.com) - The US Department of Labor (DoL) has issued an advisory opinion stating that a state leave law similar to the Family and Medical...
Law to Prohibit Default of United's Pension Plans Clears the US House
June 24, 2005 (PLANSPONSOR.com) - A measure approved by the US House of Representatives says that United Airlines will not be allowed to default on remaining pension plans,...
New NQDC Guidance Expected by Late Summer
June 24, 2005 (PLANSPONSOR.com) - A second set of regulatory guidance about nonqualified deferred compensation programs under Internal Revenue Service (IRS) Code 409A could be out by August,...
Breach of Fiduciary Duty Claim Denied Class Certification
June 24, 2005 (PLANSPONSOR.com) - A federal judge has turned down a request by a group of former employees of a paper and lumber company to certify as...
Wal-Mart ADA Jury Award Slashed to Meet Legal Caps
June 23, 2005 (PLANSPONSOR.com) - A federal judge has reduced a workplace discrimination jury verdict against Wal-Mart by $4.7 million while bemoaning the fact that a legal cap...
Kaiser Health Plan Slapped with $200K Data Privacy Fine
June 23, 2005 (PLANSPONSOR.com) - California state authorities have fined Oakland, California-based Kaiser Foundation Health Plan $200,000 for having patient health information accessible on a Web site for...