DOL Unveils New Sources for Plan Sponsors
June 17, 2002 (PLANSPONSOR.com) - Secretary of Labor Elaine L. Chao has rolled out some new initiatives designed to help plan sponsors - particularly smaller employers - successfully...
Compliance
Final Comparability Regs Published
June 29, 2001 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has issued final regulations (TD 8954) that allow defined contribution and combined defined contribution/defined benefit retirement plans to...
Airlines Seeking Delayed Pension Funding
May 6, 2003 (PLANSPONSOR.com) - The airline industry may be seeking legislation that will allow commercial airlines to put off making any catch-up contributions to their underfunded pension...
Actuary Finds Fault with Portman-Cardin Pension Provision
May 6, 2003 (PLANSPONSOR.com) - The new Portman-Cardin pension reform bill includes a provision that at least one critic says will allow employers with union workers to cut...
IRS: Substantiated Electronic Medical Reimbursements Still Deductible
May 6, 2003 (PLANSPONSOR.com) - Employees whose companies use electronic debt cards or credit cards to reimburse them for substantiated medical expenses can still have the amounts excluded...
Employer Concerns Permeate PBOR Debate
June 29, 2001 (PLANSPONSOR.com) ? You needed a scorecard to keep up with all the amendments, debates and votes in the Senate's continued deliberations on S. 1052, the...
IRS Promises Pension Reform Language, No GUST Extension
June 29, 2001 (PLANSPONSOR.com) - Before the end of August the Internal Revenue Service says it will publish sample amendments that plan sponsors may adopt or copy to...
Federal Sector EEOC Filings Dip in 2001
June 17, 2002 (PLANSPONSOR.com) - The number of complaints filed with the Equal Employment Opportunity Commission (EEOC) against the government, fell by around 5% in fiscal year 2001,...
Feds Seek Phased Retirement Suggestions
June 17, 2002 (PLANSPONSOR.com) - With studies showing an increasing need for companies to rely on experienced retired workers, government officials are asking for suggestions on how they...
MD High Court Sides with Domestic Partners
June 17, 2002 (PLANSPONSOR.com) - Maryland's highest court has approved a Montgomery County law extending benefits to domestic partners. The decision was seen as a significant victory for...
Judge OKs Settlement in American Express Suit
June 17, 2002 (PLANSPONSOR.com) - A federal court has approved a $31-million settlement in a nationwide gender and age discrimination lawsuit against American Express Co.'s financial advisers unit,...
Support Payments to Include K Plan Assets
May 17, 2002 (PLANSPONSOR.com) - Pennsylvania judges awarding child support should include an employee's 401(k) contributions and the employer's match when determining the person's income, an appeals court...
Ex-Pan Am Worker Group Asks for Favorable PBGC Case Ruling
May 5, 2003 (PLANSPONSOR.com) - A group of ex-Pan Am workers and retirees that has been battling the federal pension insurer over the size of its members' pension...
IRS Releases Final RMD Revisions
April 17, 2002 (PLANSPONSOR.com) - The Internal Revenue Service has released the final version of new significantly simpler rules governing money that retirement savers are required to withdraw...
PBGC Says Funds "Stronger Than Ever"
March 29, 2001 (PLANSPONSOR.com) - The finances of the nation's pension insurance fund have never been stronger, according to the Pension Benefit Guaranty Corporation (PBGC).
Reform Bill Removes "Trap Door" For Small Business
March 29, 2001 (PLANSPONSOR.com) - Representative Ben Cardin (D-Md.) made the case for pension reform Wednesday, focusing on the needs and benefits of small business before a House...
Employees Not Entitled To Bankrupt Employer Bonus
March 5, 2003 (PLANSPONSOR.com) - Discharged employees of a bankrupt company's successor were not entitled to payment of incentive bonuses out of the former employer's bankruptcy proceeds, according...
Disability Payment Suit Survives Challenge
March 5, 2003 (PLANSPONSOR.com) - A Minnesota company's policy of providing 26 weeks of income to disabled workers may constitute an ERISA regulated benefit plan, a federal judge...
Back to Work Act Squeaks Through House Committee
March 5, 2003 (PLANSPONSOR.com) - A Congressional bill designed to create reemployment accounts of up to $3,000 to help jobless Americans find work passed another legislative hurdle with...
Janet Rehnquist Ends Controversial Tenure with Resignation
March 5, 2003 (PLANSPONSOR.com) - The controversial tenure of Janet Rehnquist as inspector general at the US Department of Health and Human Services (HHS) is apparently drawing to...