New Cash Balance Claims Filed Too Late
April 4, 2011 (PLANSPONSOR.com) – A federal judge in Kentucky has ruled that cash balance plan participants waited too long before filing amended legal claims challenging their plan's...
Latest News
Benefits |
Don’t Forget: April 4 is Benefits Day
April 4, 2011 (PLANSPONSOR.com) – Reminder, benefit plan sponsors and service providers, April 4 could be a big day in your world.
House to Consider Bill Limiting FSA, HSA Abortion Reimbursements
April 1, 2011 (PLANSPONSOR.com) – A House committee has approved a bill under which employees no longer could receive tax-free reimbursement from their flexible spending accounts or health...
Early Retiree Reinsurance Program to End
April 1, 2011 (PLANSPONSOR.com) - The Centers for Medicare & Medicaid Services (CMS) announced that, due to the overwhelming response, the Early Retiree Reinsurance Program will no longer...
Regulators Propose ABS Credit Risk Retention Rule
April 1, 2011 (PLANSPONSOR.com) – Six federal agencies are seeking public comment on a proposed rule that would require sponsors of asset-backed securities (ABS) to retain at least...
Benefits |
EEOC Sues another NY Town for Pension Age Discrimination
April 1, 2011 (PLANSPONSOR.com) - Volunteer fire companies in the Town of Clarence, New York, violated federal law by preventing older firefighters from accruing service credits because of...
New FAQ Focuses on Grandfathered Status
April 1, 2011 (PLANSPONSOR.com) – The Employee Benefits Security Administration (EBSA) has issued its sixth set of answers to “frequently asked questions” (FAQs) about the...
Benefits |
CA Governor Proposes Pension Reform Measures
April 1, 2011 (PLANSPONSOR.com) – California Governor Edmund G. Brown Jr. has released the actual bill language of seven separate pension reform measures, and announced five other specific...
Products |
Two Firms Join for Dental Plan Coverage
April 1, 2011 (PLANSPONSOR.com) – The U.S. business group of Sun Life Financial has announced a partnership with United Concordia Dental (UCD) to offer group dental benefit plans.
Benefits |
NAGDCA Offers Statistical Snapshot of Government Plans
April 1, 2011 (PLANSPONSOR.com) – An average 22% of eligibles participated in state and local government plans during 2010, down from 29% a year before, according to a...
Benefits |
Loan Defaults Costly for Certain Group of Participants
April 1, 2011 (PLANSPONSOR.com) – A Financial Literacy Center working paper suggests that overall, one in ten plan loans results in a default, and eight of ten workers...
Benefits |
Judge Sets Florida HCR Challenge Hearing Date
April 1, 2011 (PLANSPONSOR.com) – Florida Attorney General Pam Bondi announced that the 11th U.S. Circuit Court of Appeals has scheduled oral argument on June 8 for the...
Benefits |
Former Boston Archdiocese Official Asks for Pension Intervention
April 1, 2011 (PLANSPONSOR.com) - Former Archdiocese of Boston chancellor David W. Smith disclosed that he has asked Massachusetts Attorney General Martha Coakley and Secretary of State William...
Benefits |
DeKalb County Teachers Sue over Frozen Retirement Plan
April 1, 2011 (PLANSPONSOR.com) - Two DeKalb County educators have filed a lawsuit against the school district and board for failing to make contributions over the last two...
Delphi Buys Out GM, PBGC Interests
March 31, 2011 (PLANSPONSOR.com) - Delphi Automotive LLP has purchased the Class A interests owned by General Motors Company (GM) for $3.8 billion and the...
Former Fidelity Exec to Head AllianceBernstein DCIO Sales Team
March 31, 2011 (PLANSPONSOR.com) - AllianceBernstein has announced that Craig Lombardi has joined the firm as Managing Director—Defined Contribution Investment-Only (DCIO) Sales.
Products |
TIAA-CREF Selected as Sole DC Provider for CA County
March 31, 2011 (PLANSPONSOR.com) - The County of Orange (California) announced its selection of TIAA-CREF to be the sole provider for the defined contribution part of the county’s...
Benefits |
Retirement Savings Tax Break More Important for Lower Income Workers
March 31, 2011 (PLANSPONSOR.com) – New findings by the Employee Benefit Research Institute (EBRI) suggest that lower-income workers are far more likely to say they would reduce their...
BlackRock Appoints Head of U.S. and Canada Institutional Biz
March 31, 2011 (PLANSPONSOR.com) - BlackRock, Inc. announced that Edwin Conway will join the Company as Managing Director and Head of its U.S. & Canada Institutional business within...
Products |
Ingham Retirement Group Joins ABG Network
March 31, 2011 (PLANSPONSOR.com) - Alliance Benefit Group (ABG) has added Ingham Retirement Group to its national network.