Compliance

Compliance |

Cash Balance Offenders List Released

May 21, 2002 (PLANSPONSOR.com) - The controversy over cash-balance conversions shorting retiring workers heated up as a Congressman released a list of 13 US offending companies, which the...
Compliance |

PBGC: Deficit Now Stands at $5.7 Billion

September 4, 2003 (PLANSPONSOR.com) - The "perfect storm" of pension problems has washed up a $5.7-billion deficit on the Pension Benefit Guaranty Corporation's (PBGC) doorstep as of July...
Compliance |

Senate Committee Passes Kennedy Bill

March 21, 2002 (PLANSPONSOR.com) - Responding to the Enron debacle, which saw many employees losing their retirement savings through investments in Enron stock, a Senate committee passed legislation...
Compliance |

NYC Union Allegedly Misused Pension Funds

March 21, 2002 (PLANSPONSOR.com) - Federal labor officials have filed suit against the president of a New York City-based union for allegedly improperly cashing union health plan checks...
Compliance |

DoL Suggests QPAM Rule Changes

September 2, 2003 (PLANSPONSOR.com) - Federal Labor Department regulators have proposed to narrow restrictions on transactions with parties in interest who can invest a plan's assets in a...
Compliance |

IRS Releases Rollover Waiver Guidance

January 9, 2003 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has released Revenue Procedure 2003-7, providing guidance on applying to the IRS for a waiver of the 60-day...