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Deals and People | April 1st, 2010

The Principal Announces Return of Retirement Regional Vice President

April 1, 2010 (PLANSPONSOR.com) – Randy Blanchetti has reassumed the role of regional vice president of the southeastern region for Retirement and Investor Services at...

Benefits | April 1st, 2010

Employee Takes Extreme(ist) Measure to Get Day Off

April 1, 2010 (PLANSPONSOR.com) – A Florida man is accused of calling in a bomb threat so he could get the day off work.

Compliance | April 1st, 2010

60-day Rollover Requirement Doesn't Apply to Check Made to New Plan

April 1, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has ruled that the 60-day rollover requirement is not applicable to a plan distribution check made payable to a...

Benefits | April 1st, 2010

Lowe's Sued for Religious Discrimination

April 1, 2010 (PLANSPONSOR.com) - The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit accusing Lowe’s Home Centers of religious discrimination for requiring an employee to work...

Benefits | April 1st, 2010

CEO Pay Dropped Again in 2009

April 1, 2010 (PLANSPONSOR.com) - CEO compensation edged lower in 2009 - the first time in two decades that pay declined for two consecutive years, according to the...

Benefits | April 1st, 2010

Calendar Bares Out Flight Attendant Pay Concerns

April 1, 2010 (PLANSPONSOR.com) - Flight attendants owed up to nine months' wages by a grounded Spanish airline have decided to bare their plight – and...

Compliance | March 31st, 2010

9th Circuit Rejects Cost-sharing of Stock-based Compensation

March 31, 2010 (PLANSPONSOR.com) - In a reversal of a previous opinion the 9th U.S. Circuit Court of Appeals has held that stock option compensation costs need not...

Benefits | March 31st, 2010

Public Employers Step up Wellness Efforts

March 31, 2010 (PLANSPONSOR.com) – A new survey shows that half of public employer health plans have been able to avoid double-digit premium rate increases in 2010, and...

Administration | March 31st, 2010

Court Dismisses Pension Fund's Shareholder Suit against AIG

March 31, 2010 (PLANSPONSOR.com) - A federal judge has dismissed a shareholder lawsuit accusing current and former American International Group Inc. executives and directors of ignoring “red flags”...

Products | March 31st, 2010

Securian Offers Paperless Participant Statements

March 31, 2010 (PLANSPONSOR.com) - Securian Retirement's quarterly retirement plan statements for employees are moving from mailboxes to inboxes.

Benefits | March 31st, 2010

Admin Staff a Secret Weapon for Employers

March 31, 2010 (PLANSPONSOR.com) - New research shows administrative professionals are moving beyond their traditional roles to take on responsibilities in areas such as cost control, technology and...

Products | March 31st, 2010

PayFlex to Launch Mobile App for HSAs and FSAs

March 31, 2010 (PLANSPONSOR.com) – PayFlex Systems USA Inc. has announced the launch of its broad mobile application platform, PayFlex Mobile.

Products | March 31st, 2010

Jensen Investment Management Launches Value Fund

March 31, 2010 (PLANSPONSOR.com) - Jensen Investment Management, investment adviser to The Jensen Portfolio (JENSX) mutual fund, has launched its second mutual fund, the Jensen Value Fund.

Products | March 31st, 2010

Lockton Opens Benefits Consulting Office in Minneapolis

March 31, 2010 (PLANSPONSOR.com) – Lockton has announced the opening of a Minneapolis-based employee benefits consulting practice.

Benefits | March 31st, 2010

Bakery to Pay $350K to Settle Harassment Suit

March 31, 2010 (PLANSPONSOR.com) - A Chicago-area baking company will pay $350,000 to settle a national origin harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC).

Benefits | March 31st, 2010

More Companies Report Health Reform Impact

March 31, 2010 (PLANSPONSOR.com) – More companies are reporting the financial hit they say they will take as a result of the U.S. healthcare overhaul signed into law...

Benefits | March 31st, 2010

Employers Plan to Reward Employees as Economic Conditions Improve

March 31, 2010 (PLANSPONSOR.com) - Most executives (76%) are willing to sweeten the pot to avoid losing their best employees when economic conditions improve, suggests a new survey...

Administration | March 31st, 2010

Detroit Opposes Pension Takeover

March 31, 2010 (PLANSPONSOR.com) - The Detroit City Council has unanimously voted to oppose state legislation that would turn over management of the city's pension systems to the...

Benefits | March 31st, 2010

More Employers Reinstating Match in 2010

March 31, 2010 (PLANSPONSOR.com) – Research from Fidelity Investments indicates many employers are reinstating employer matching contributions to their 401(k) plans.

Benefits | March 31st, 2010

Pace of Plan Change Still Positive, But Slow

March 31, 2010 (PLANSPONSOR.com) – Plan sponsors continued to make positive enhancements to their programs last year, albeit at a more modest pace.