Compliance

Tar Heels Embrace EGTRRA

November 1, 2002 (PLANSPONSOR.com) - Another state has lined its tax provisions up with the pension provisions of last year's tax reform package.

Firing After Threat No Benefits Conspiracy

November 1, 2002 (PLANSPONSOR.com) - An appeals court has upheld an earlier decision that an accelerated termination following employee threats was no conspiracy to deny benefits, according to Washington-based legal publisher BNA.

Senate Proposal Mandates Company Stock Warning

October 1, 2002 (PLANSPONSOR.com) - A Senate Democrat has introduced a bill that would add to ERISA a requirement that retirement plan administrators warn participants about the dangers of overweighting in company stock.

Stock Transfers Don't Mean Control Change

October 1, 2002 (PLANSPONSOR.com) - Just because his parent company funneled stock to subsidiaries doesn't represent a change of corporate control and doesn't mean a former executive is entitled to severance benefits, a federal judge ruled.

CFTC: Operations Uninterrupted

September 13, 2001 (PLANSPONSOR.com) - Officials of the Commodity Futures Trading Commission, who occupied the 37th floor of the North Tower of the World Trade Center, are vowing to continue their work despite this week's terrorist attacks.

PWBA Offers Timely Help on Late Contributions

August 1, 2002 (PLANSPONSOR.com) - The Department of Labor's Pension and Welfare Benefits Administration (PWBA) has published some additional guidance on how plan sponsors can right transactional errors regarding delinquent contributions.

Norwood Breaks Ranks over Patients Bill of Rights

June 13, 2001 (PLANSPONSOR.com) - A day before senior administration officials were scheduled to meet with the chief sponsors of a patients' bill of rights, Representative Charlie Norwood (R - Georgia) broke ranks with President Bush in support of the legislation opposed by the White House after attempts at a compromise stalled.

Employer Must Cover Birth Control

June 13, 2001 (PLANSPONSOR.com) - A federal judge has ruled that Seattle-based drugstore chain Bartell Drug must include contraceptives for women in its employee health insurance plan -- the first federal setback to employers who don't cover birth control.

Rainbow Room Waiters Lose Court Battle on Tips

April 1, 2002 (PLANSPONSOR.com) - Waiters at New York's famous Rainbow Room are legally considered independent contractors so they're not entitled to a cut of the restaurant's service-charge income for banquets, a New York judge ruled.

Pension Liabilities Loom Large in US Budget

April 1, 2002 (PLANSPONSOR.com) - The US government owes a great deal to its workers - $3.6 trillion to cover pension, disability and health care costs for civilian and federal retired employees and veterans. A figure that now exceeds the oft-debated $3.3 trillion federal debt.

High Court Doesn't Decide Florida Age Case

April 1, 2002 (PLANSPONSOR.com) - US Supreme Court justices changed their mind about a Florida age discrimination case, saying they will not decide the issue on its merits even though they have already heard arguments from the lawyers.

Meatpacker Sued for Hiring Bias

April 1, 2002 (PLANSPONSOR.com) - The US Equal Employment Opportunity Commission (EEOC) is suing a Chicago meatpacking company for allegedly discriminating in its hiring of African-American job candidates.