Compliance

Compliance |

PBGC Takes Over Cash Balance Plan

April 14, 2004 (PLANSPONSOR.com) - The nation's private pension insurer has announced plans to assume responsibility for the pensions of 1,300 employees and retirees of Sound Shore Medical...
Compliance |

PBGC Assuming Ameripol Synpol DB Plans

April 14, 2004 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) is assuming responsibility for the pensions of more than 1,300 employees and retirees of Ameripol Synpol Corp.
Compliance |

Whew! Bush Signs Pension Relief

April 12, 2004 (PLANSPONSOR.com) - On Saturday President Bush signed into law a pension relief bill that will allow many plan sponsors to avoid or reduce funding contributions...
Compliance |

Breaux Introduces ESOP Bill

April 12, 2004 (PLANSPONSOR.com) - Senator John Breaux (D - Louisiana) has introduced legislation aimed at making employee stock ownerships plans (ESOP) a more attractive option for employers...
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Grassley Introduces Drug Reimporation Bill

April 12, 2004 (PLANSPONSOR.com) - U.S. Senator Charles Grassley (R - Iowa) has introduced legislation making the reimportation of prescription drugs from Canada legal for United States-based consumers.
Compliance |

TPA a Health Plan Fiduciary

April 9, 2004 (PLANSPONSOR.com) - A third-party administrator (TPA) for a Tennessee self-funded group health plan can be held liable for a Employee Retirement Income Security Act (ERISA)...
Compliance |

Appeals Judges OK Plan Document Fine

April 8, 2004 (PLANSPONSOR.com) - A federal appeals court has upheld a $35,050 penalty assessed against a retirement plan that didn't respond to a beneficiary's request for plan...
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DoL Issues HSA Guidance

April 7, 2004 (PLANSPONSOR.com) - Federal officials on Wednesday put out some guidance on the new Health Savings Accounts (HSAs), including the extent to which they will be...
Compliance |

House Passes Medicare Modernization Act

June 28, 2002 (PLANSPONSOR.com) - In what has been heralded as the biggest change in Medicare since the program's inception in 1965, the House of Representatives passed the...
Compliance |

MetLife Back in Hot Seat over Sex Suit

June 28, 2002 (PLANSPONSOR.com) - Metropolitan Life Insurance Company should be held liable for claims by a female employee that she had to submit to her supervisor's sexual...