Compliance

Boehner's Committee to Examine Stock Ownership Issues

December 12, 2001 (PLANSPONSOR.com) - Education & the Workforce Committee Chairman John Boehner (R-Ohio) submitted a statement to the House Financial Services Subcommittees on Capital Markets and Oversight & Investigations regarding the Enron bankruptcy.

House Committees Seek Enron Answers

December 12, 2001 (PLANSPONSOR.com) - The House Committee on Financial Services says it will proceed with public hearings today ? although Enron and the chairman of the SEC declined invitations to appear, according to Reuters. Arthur Andersen CEO Joseph Berardino will appear before the Financial Services Committee today, as will SEC Chief Accountant Robert Herdman.

House Joins Senate, Passes Railroad Pension Bill

December 12, 2001 (PLANSPONSOR.com) - The U.S. House of Representatives has passed a bill that would permit $15.3 billion in railroad pension funds to be invested in private securities rather than in US Treasury bonds.

IRS Publishes 2002 Plan Limits

December 12, 2001 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has released the official retirement plan limitations for tax year 2002, including the impact of the Economic Growth and Tax Relief Act of 2001 (EGTRRA), as well as cost-of-living adjustments.

Co-Worker Risk Trumps Diabetic ADA Claim

December 12, 2001 (PLANSPONSOR.com) - A diabetic chlorine operator is not entitled to special workplace protection under the Americans with Disabilities Act because his fellow workers could be hurt if he had an on-the-job attack, a federal appeals court ruled.

2002 Estimated Plan Limits Released

November 12, 2001 (PLANSPONSOR.com) - Hewitt Associates has released its estimate for the Section 414(q) pay threshold for designating highly compensated employees -- several weeks before the official number comes out from the Internal Revenue Service.

High Court: Medicare Recipients Can Sue HMO

October 12, 2001 (PLANSPONSOR.com) - California Medicare recipients can sue their HMOs if they are wrongly denied necessary medical treatment, the US Supreme Court ruled as the justices tackled the thorny issue of state liability laws.

Justices Debate Arbitration Role in EEOC Suits

October 12, 2001 (PLANSPONSOR.com) - In a case brought by the Equal Employment Opportunity Commission (EEOC), US Supreme Court justices argued amongst themselves over the government's role in combating discrimination when workers sign away their right to sue.

Landmark Pension Suit Looms

October 12, 2001 (PLANSPONSOR.com) - Failing a last minute respite, the long anticipated lawsuit between one of the UK's largest pension funds and a leading fund manager could finally come to trial next week.

Washington Wal-Marters Sue For Overtime

September 12, 2001 (PLANSPONSOR.com) - When it rains, it pours, they say -- and the nation's largest employer finds itself presented with yet another employee-based lawsuit.

House Health Subcommittee To Discuss PBOR Alternatives

July 12, 2001 (PLANSPONSOR.com) - Congresswoman Nancy L. Johnson (R-CT), Chairman, Subcommittee on Health of the Committee on Ways and Means, has announced that the subcommittee will hold a hearing on the patient?s bill of rights on Monday.

Health Privacy Rules Stand – For Now

April 12, 2001 (PLANSPONSOR.com) - In a surprising move, Health and Human Services (HHS) Secretary Tommy Thompson today announced the HHS health information privacy regulations will go into effect as written - and as scheduled - on April 14, 2001.

Railroad to Advocate against Genetic Screening

April 12, 2001 (PLANSPONSOR.com) - After agreeing to halt the genetic testing of its employees, Burlington Northern Santa Fe Railroad has pledged to advocate against genetic screening in employment decisions.

Pension Reform Makes A Comeback

March 12, 2001 (PLANSPONSOR.com) - Congressmen Rob Portman (R-Oh) and Ben Cardin (D-Md.) will re-introduce pension reform legislation in the House of Representatives March 14.

Unisys Retirees Get Another Day in Court

March 12, 2001 (PLANSPONSOR.com) - The Third Circuit has reinstated for trial the claims of some 20,000 Unisys retirees, which had been dismissed by the district court in 1997 on motions for summary judgment.

Bush Soc.Sec. Panel Issues Reform Proposals

December 11, 2001 (PLANSPONSOR.com) - President Bush's social security commission on Tuesday submitted three proposals to allow younger workers to invest part of their Social Security assets in stocks. The proposals would cut benefits in some cases.

Buyback Easing Rule will not Be Extended

October 11, 2001 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) order temporarily easing restrictions on share buy back programs will expire tomorrow and will not be renewed, according to a statement by the regulator.