Compliance

Compliance |

PWBA Fills in the Blanks on SPD Requests

January 14, 2002 (PLANSPONSOR.com) - Plan sponsors have new guidance on responding to requests from the Department of Labor for summary plan descriptions (SPDs) and other documents on...
Compliance |

NCFC Subsidiaries Accused of "Cooking" The Books

January 2, 2003 (PLANSPONSOR.com) - National Commerce Financial Corp. (NCFC) and two of its subsidiaries have been accused of overcharging 2,300 participants in Corky's Bar-B-Que's employee benefits plans...
Compliance |

FedEx Hit With Race Discrimination Charges

December 13, 2002 (PLANSPONSOR.com) - Charging that FedEx Corp. systematically discriminates against minorities in pay and promotions, a group of current and former employees have sued the giant...
Compliance |

Leave-based Donations Must Be Made By January 1

December 13, 2002 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has informed taxpayers that Notice 2001-69, which provides guidance for leave-based donations, will not be extended to payments...
Compliance |

PWBA Takes Pipefitters Trustees to Court

September 13, 2002 (PLANSPONSOR.com) - Federal officials have gone to court to force trustees of the Plumbers and Pipefitters National Pension Fund to reimburse millions of dollars in...
Compliance |

Taxes Wipe Out Discrimination Award

August 13, 2002 (PLANSPONSOR.com) - A nearly $1.3-million sex discrimination award won by a Chicago-area police officer won't begin to be enough to cover her expenses associated with...
Compliance |

ESOP Investment in Company Stock OK

August 13, 2002 (PLANSPONSOR.com) - A federal judge turned away participants' claims that the administrator of en Employee Stock Option Plan (ESOP) breached his fiduciary duties by not...
Compliance |

Thrift Board Steps into the Ring with AMS

July 25, 2001 (PLANSPONSOR.com) - The Federal Retirement Thrift Investment Board filed suit against American Management Systems (AMS) on behalf of the participants of its Thrift Savings Plan...
Compliance |

PBOR Debate Centers on ER Liability

June 25, 2001 (PLANSPONSOR.com) ? Senate Republicans returned to the patients' bill of rights (PBOR) debate Friday armed with an amendment that would specifically exempt employers from any...
Compliance |

Opposition to Stock Tax Proposal Stiffens

May 13, 2002 (PLANSPONSOR.com) - As opposition continues to an Internal Revenue Service (IRS) plan to impose payroll taxes on incentive stock options and employee stock purchase plans,...
Compliance |

Rite Aid Says Pension Claims Settled

May 13, 2002 (PLANSPONSOR.com) - Claims that Rite Aid Corp. mismanaged its pension plans, including a 401(k) plan with company stock as an investment option, appear closer to...