July 17, 2000 (PLANSPONSOR.com) - Plan sponsors will find a bit more leeway in handling distributions, thanks to Revenue Ruling 2000-36. Currently, most plans simply distribute small distributions in cash to terminating participants, unless instructed otherwise by the participant. The Ruling clarifies circumstances under which a plan may establish a direct rollover as the default method of payment without running afoul of the law.
June 5, 2001 (PLANSPONSOR.com) - The US Supreme Court has set a precedent, increasing damage awards for discharged workers who claim their dismissal was a result of illegal discrimination, in a sexual harassment suit filed against chemical giant DuPont.
April 5, 2001 (PLANSPONSOR.COM) - Small business owners and entrepreneurs might have reason to be optimistic about the future of Medical Savings Accounts (MSA), thanks to new legislation that could make them permanent and expand their availability.
April 5, 2001 (PLANSPONSOR.com) - In a decision likely to rekindle controversy over healthcare decisions, the Pennsylvania Supreme Court found that a state medical negligence claim was not pre-empted by ERISA, affirming its 1998 decision in Pappas v. Asbel.
March 5, 2001 (PLANSPONSOR.com) - A resolution opposing new ergonomics standards from the Occupational Safety and Health Administration (OSHA) could come up for a vote as early as March 6.
February 5, 2001 (PLANSPONSOR.com ) - If individuals are allowed to make individual investments in their Social Security accounts, it will force the Securities and Exchange Commission into a new role, a SEC commissioner said.
February 5, 2001 (PLANSPONSOR.com) - Bankruptcy reform legislation is back in the Congress, but pensions appear to be safe for now according to the American Benefits Council.
January 5, 2001 (PLANSPONSOR.com) - The IRS has proposed regulations that would impose conditions on health coverage reductions once excess pension assets have been transferred to a health benefits account.
December 4, 2001 (PLANSPONSOR.com) - The railway retirement bill, which would let the federally administered railroad pension system redirect some of its assets from Treasury bonds to equities, has taken a few steps forward in the US Senate, Reuters reports.
November 8, 2001 (PLANSPONSOR.com) - Robert Herdman, the Securities and Exchange Commission (SEC)'s chief accountant, said pro forma earnings can be a valuable tool in assessing a company's financial standing when employed properly.
October 4, 2001(PLANSPONSOR.com) - The Coatesville Area School District in Philadelphia has agreed to a settlement of over $475,000 in an age discrimination suit brought by the US Equal Employment Opportunity Commission (EEOC).
October 4, 2001 (PLANSPONSOR.com) ? The full House Education & the Workforce Committee approved the Retirement Security Act (H.R. 2269) yesterday, incorporating several new suggestions from committee members and the Department of Labor.
September 04, 2001 (PLANSPONSOR.com) ? A federal judge has reversed himself and now finds that states and their agencies are immune from suits under Title II of the Americans with Disabilities Act.
September 4, 2001 (PLANSPONSOR.com) -US government regulations cost employers about $91 billion each year, with occupational safety and health regulations accounting for more than half that total, according to a new report.
April 4, 2001 (PLANSPONSOR.com) - Bills have been introduced in the House and Senate that would provide tax credits to help uninsured Americans obtain health insurance.
April 4, 2001 (PLANSPONSOR.com) - The US District Court in Philadelphia dismissed significant portions of a lawsuit against New York Life that challenged the investment of employee and agent pension plan assets in the company's proprietary mutual funds.
April 4, 2001 (PLANSPONSOR.com) - A federal judge has allowed a group of past and present employees of the Federal Reserve to continue with a lawsuit against their employer.
November 15, 2000 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) today unanimously approved new rules that require brokers and markets to disclose more information about their trade execution practices.
October 15, 2000 (PLANSPONSOR.com) - With several versions of H.R. 1102, the pension reform bill, before Congress this week, observers are wondering which version the legislators will accept.
October 3, 2001 (PLANSPONSOR.com) - The Education & the Workforce Committee of the House of Representatives today approved the Retirement Security Advice Act, H.R. 2269, sponsored by committee chairman John Boehner (R- Ohio), by a bipartisan vote of 29-17.