October 2, 2001 (PLANSPONSOR.com) - On the first day of its new session, the Supreme Court denied review of a number of employee benefit-related cases.
August 2, 2001 (PLANSPONSOR.com) ? President Bush and Representative Charles Norwood (R-Georgia) say they have reached agreement on the approach for the passage of a patients' bill of rights in the House ? but not everyone agrees with their conclusion.
May 10, 2000 (PLANSPONSOR.com) - Standard&Poor's expects to hear soon whether the Department of Labor grants it a Prohibited Transaction Exemption (PTE) for its retirement investment advice software.
August 2, 2001 (PLANSPONSOR.com) - Broader access to participant investment advice took another step forward Thursday, as the Employer-Employee Relations (EER) Subcommittee approved the Retirement Security Advice Act (HR 2269).
July 2, 2001 (PLANSPONSOR.com) ? The Senate got to go home for the Fourth of July recess, having passed the amended McCain-Kennedy-Edwards patients' bill of rights by a 59-36 margin on Friday. But President Bush still has concerns, and the House will still get its chance to craft a solution.
July 14, 2000 (PLANSPONSOR.com) - The House Ways and Means Committee has approved the Comprehensive Retirement Security and Pension Reform Act. The bill, which now goes to the full House, is widely supported by employer groups and providers. But critics say it's a Robin Hood in reverse.
July 2, 2001 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has outlined changes to the determination letter process that will allow the agency to better handle the influx of applications associated with the "rush" to GUST amendments.
July 2, 2001 (PLANSPONSOR.com) -Even as the US Senate approved a patients' bill of rights, the US Supreme Court said it plans to decide whether states may provide for an independent medical review when health plan members have been denied coverage.
June 14, 2000 (PLANSPONSOR.com) - The law firm Sprenger & Lang announced Wednesday that James Mehling, a former Vice President of New York Life Insurance Company, filed a class action lawsuit against his former employer. The filing was expected after New York Life recently told the media about the law firm's threats.
May 2, 2001 (PLANSPONSOR.com) - Attention will be focused on the outcome of the vote in the House of Representatives on the Portman-Cardin legislation today.
May 2, 2001 (PLANSPONSOR.com) - President Bush will officially announce his commission to craft a plan to fix Social Security today - but some Democrats have already criticized the selections as biased toward a certain result.
May 2, 2001 (PLANSPONSOR.com) - The Portman-Cardin proposed legislation sailed through the House of Representatives by a bipartisan vote of 407 to 24.
May 2, 2001 (PLANSPONSOR.com) - Pension reform picked up where it left off last year, with overwhelming support in the House of Representatives, despite vigorous debate on the issue of cash balance conversions.
April 2, 2001 (PLANSPONSOR.com) - The US Supreme Court has declined to hear a case regarding cash balance plans, leaving in place a verdict that could mean unexpected costs for employers.
April 14, 2000 (PLANSPONSOR.com) - Increasing demand for highly skilled workers is driving efforts by Congress to keep older Americans at work. With February unemployment figures hovering at a low 4.1 percent, companies find it difficult and costly to replace experienced workers lost to retirement.
February 2, 2001 (PLANSPONSOR.com) - California State Controller Kathleen Connell has filed suit against the California Public Employees' Retirement System (CalPERS), charging the pension system with violating state law.
February 2, 2001 (PLANSPONSOR.com) - The Securities and Exchange Commission has published a final rule requiring investment firms to invest at least 80% of its assets in the type of investment implied by its name.
December 13, 2000 (PLANSPONSOR.com) - The Pension and Welfare Benefits Administration has published the Year 2000 Form M-1 annual report for multiple employer welfare arrangements (MEWAs).
December 13, 2000 (PLANSPONSOR.com) - Microsoft has settled the "permatemp" class-action lawsuit, filed in 1992 by temporary workers of the software giant, for $96.9 million.
November 1, 2001 (PLANSPONSOR.com) - Wendy Mayall, chief investment officer of Unilever Superannuation Fund (USF) was on the defensive, in the group's £130 million negligence suit against Merrill Lynch Investment Managers (MLIM), formerly Mercury, according to the Financial Times.