Discrimination Claims Hit 7-Year High
February 7, 2003 (PLANSPONSOR.com) - A soft job market, an aging workforce, and post 09/11 tensions have contributed to the most job discrimination claims in seven years, according...
Compliance
ERSAs Fading Fast?
February 7, 2003 (PLANSPONSOR.com) - There are growing signs that the new retirement savings vehicles touted just a week ago by the Bush Administration will never see the...
Construction Workers Can't Sue Each Other
February 7, 2003 (PLANSPONSOR.com) - A Pennsylvania appeals court has ruled that two construction workers employed by different subcontractors can't sue each other for negligence because they were...
Iowa Workers Closer to $30M Overtime Payout
February 19, 2002 (PLANSPONSOR.com) - The State of Iowa may be on the hook for as much as $30 million in back overtime, now that the US Supreme...
House Education and Workforce Cie. To Be Revamped
January 31, 2001 (PLANSPONSOR.com) - The House Education and Workforce Committee may be restructured into five subcommittees and another subcommittee eliminated under a proposal introduced by Chairman John...
Big, Small Issues Loom in Social Security Debate
January 31, 2001 (PLANSPONSOR.COM)-A senior economist at the Federal Reserve Board of Dallas is calling for privatizing social security, but the former CEO of the Federal Retirement Thrift...
PWBA Looking For Ideas on Automatic Rollover Practices
January 7, 2003 (PLANSPONSOR.com) - The Department of Labor's Pension and Welfare Benefits Administration (PWBA) is looking for input on the development of "safe harbors" for plan administrators...
Bush Stimulus Proposal Could Pay Dividends
January 7, 2003, (PLANSPONSOR.com) - President Bush's economic stimulus package is likely to have some interesting consequences for plan sponsors and institutional investors.
Reps. Boehner, Johnson Try Pension Reform Bill Again
January 7, 2003 (PLANSPONSOR.com) - Two prominent House Republicans say they will try again to get the Pension Security Act reform bill through both houses of the new...
Senate Passes Jobless Benefits Extension
January 7, 2003 (PLANSPONSOR.com) - The new Republican-controlled US Senate has extended unemployment benefits for about 750,000 laid off workers.
IRS: 'Off-the-Shelf" Changes on the Horizon
July 1, 2003 (PLANSPONSOR.com) - Small and midsized businesses using "off-the-shelf" retirement plan documents have been reminded by the Internal Revenue Service (IRS) that those plans need to...
Michigan Insurance Premium Limit Bill Expecting Governor's Signature
July 1, 2003 (PLANSPONSOR.com) - Michigan Governor Jennifer Granholm is expected to approve legislation placing limits on how high insurers can raise premiums when employees at small firms...
IRS Rules Out Entry Age Funding Method
June 30, 2003 (PLANSPONSOR.com) - US Internal Revenue Service officials have ruled out using the aggregate entry age normal funding method as a "reasonable" option under the Internal...
Court: Intel Spammer Didn't Trespass
June 30, 2003 (PLANSPONSOR.com) - The California Supreme Court handed an ex-Intel worker a victory in his six-year legal dispute with the technology giant over 30,000 e-mails he...
Court: ESOP Covered Under Insurer's Fiduciary Liability Policy
June 30, 2003 (PLANSPONSOR.com) - An insurer is still liable for employee stock ownership plan (ESOP) fiduciary breach claims, even though the insurer failed to list the plan...
Travel Accident Benefit Case Sent Back To Lower Court
June 27, 2003 (PLANSPONSOR.com) - A federal appeals court has remanded a case back to the lower court to decide whether a travel accident insurance plan participant was...
Terminated Employee May Be Entitled To Vested Stock Options
June 27, 2003 (PLANSPONSOR.com) - Allegedly terminating a Dell Computer Corp. employee on account of a disability, may lead to immediate vesting of unexercised stock options.
US Lawmakers Give Thumbs Up to Medicare Reform Measures
June 27, 2003 (PLANSPONSOR.com) - Congressional lawmakers shelved long-simmering partisan debate over Medicare reform long enough for both houses to pass sweeping Medicare legislation giving seniors a prescription...
Court: Widow Can't Get Unselected Pension Payout Option
June 26, 2003 (PLANSPONSOR.com) - The widow of a dead pension plan participant isn't entitled to surviving spouse benefits on top of those selected by her husband on...
DOL Comes Out Guns Blazing in Enron Suit
June 26, 2003 (PLANSPONSOR.com) - The Department of Labor (DOL) has filed suit against a host of players in an attempt to recover retirement plan losses at Enron,...