Latest News
Auto Enrollment Could Lead to Reduced Match
December 23, 2009 (PLANSPONSOR.com) – Despite the continued popularity of auto enrollment among 401(k) plan sponsors, a new academic research project suggests the plan feature may work against...
Judge Says PBGC Must Prove Delphi Plan Properly Terminated
December 23, 2009 (PLANSPONSOR.com) – A federal judge had told the Pension Benefit Guaranty Corporation (PBGC) it must prove it properly terminated the pension plan for Delphi Corp....
Most Governments Not Pre-Funding OPEB
December 23, 2009 (PLANSPONSOR.com) – A new government study found that most state and local governments are paying for their retiree health liabilities for active and retired workers...
PA Legislators Pass Terror Free Investing Bill
December 23, 2009 (PLANSPONSOR.com) – Pennsylvania lawmakers have passed a bill that would ban public pension funds from investing in businesses with ties to terrorist nations.
Companies Remain Committed to Executive Benefits
December 23, 2009 (PLANSPONSOR.com) – Clark Consulting Inc.'s latest survey of executive benefits trends finds that despite the economy, companies continue to recognize the value of executive benefits...
Subsidy Boosts COBRA Enrollments
December 23, 2009 (PLANSPONSOR.com) - A new analysis from Hewitt Associates indicates that average monthly enrollment rates in COBRA health care plans among subsidy-eligible employees have increased by...
Atlanta Mayor-Elect Moves to Fix Pension
December 23, 2009 (PLANSPONSOR.com) - Atlanta Mayor-elect Kasim Reed announced Tuesday he's forming a panel to tackle the city's pension system costs.
Coke Proposes Captive Insurer Deal for Benefits
December 22, 2009 (PLANSPONSOR.com) – Coca-Cola Co. could become the first employer to fund employee benefits through an unusual arrangement involving both an insurance subsidiary and an outside...
Law Firm Trolls for Participant-Plaintiffs
December 23, 2009 (PLANSPONSOR.com) – While it’s hardly a unique occurrence these days, a law firm is reaching out to 401(k) participants in a potential “stock...
OPM Says It Won't Follow Orders on Same-Sex Benefits
December 22, 2009 (PLANSPONSOR.com) – The federal Office of Personnel Management says it won't follow a federal court's orders to provide health benefits for same-sex spouses of the...
OppenheimerFunds Settles Illinois 529 Program Investigation
December 22, 2009 (PLANSPONSOR.com) - OppenheimerFunds, Inc. and the state of Illinois have reached an agreement to resolve the state's investigation into the management of its Bright Start...
Pre-65 Retirees Vexing Part of Retiree Health Issue
December 22, 2009 (PLANSPONSOR.com) – As employers continue to evaluate retiree health benefits, a new study finds the most vexing part of the issue is what to do...
Vanguard to Offer New Active Equity Fund
December 22, 2009 (PLANSPONSOR.com) - Vanguard plans to introduce its first actively managed equity fund that invests primarily in small- to mid-capitalization U.S. value stocks.
Court Moves Forward Kraft Foods Excessive Fee Suit
December 22, 2009 (PLANSPONSOR.com) – A federal judge has moved forward claims by Kraft Foods Global employees that retirement plan fiduciaries breached their duties by offering investment options...
Employee’s Lawsuit Release Could Imperil Class-Action Status
December 22, 2009 (PLANSPONSOR.com) – A former employee's signed release of legal claims against her employer may interfere with her ability to represent fellow members of a class-action...
TUCS Plans’ October Returns in the Red
December 22, 2009 (PLANSPONSOR.com) – Public pension plans had the worst October performance, giving back 1.19%, according to the latest data from the Wilshire Trust Universe Comparison Service...
Technology Provider Releases Common Remitter Solution
December 22, 2009 (PLANSPONSOR.com) - PlanServe Data Systems has released a new technology platform for supporting common remittance, compliance, and other data requirements of 403(b), 457, and other...
403(b) Participants Who Held Steady Enjoyed Account Growth
December 22, 2009 (PLANSPONSOR.com) – Participants in GuideStone’s 403(b) plans saw an average 40%-boost in their account balances between March and November 2009, the Dallas-based financial services provider...
Sponsors Continue Trend of Earlier DC Plan Eligibility
December 21, 2009 (PLANSPONSOR.com) – Employers are not only urging employees to join their retirement savings plans, but a new study indicates more companies are allowing workers to...