Latest News

Benefits |

CA Health Care Bill Headed For Referendum

January 23, 2004 (PLANSPONSOR.com) - Calling referendums ``one of the most precious rights of our democratic process," California's 1st District Court of Appeals said the state's residents should...
Benefits |

Iowa Latest State on Canada Drug Bandwagon

January 22, 2004 (PLANSPONSOR.com) - Iowa Governor Tom Vilsack wants to put his state on the roster of state and local governments trying to institute a Canadian prescription...
Benefits |

Survey: HR Getting More Respect

January 22, 2004 (PLANSPONSOR.com) - The human resources function in the US is really coming into its own with a whole raft of strategic responsibilities, an industry survey...
Investing |

ERISA DB Plans up 24.2% in 2003

January 22, 2004 (PLANSPONSOR.com) - The equity markets were good for the median Employee Retirement Income Security Act (ERISA) defined benefit plan, which was up 24.2% in 2003.
Investing |

Jobless Queue Shrinks Slightly

January 22, 2004 (PLANSPONSOR.com) - The number of Americans lining up for first-time jobless claims was nearly flat last week, with a scant 1,000 decrease to 341,000 from...
Investing |

December Mass Layoffs Shoot Up

January 22, 2004 (PLANSPONSOR.com) - December proved to be a difficult month for the nation's unemployed with the number of mass layoffs and the amount of involved workers...
Investing |

Funds Bleed $10.8B in December

January 22, 2004 (PLANSPONSOR.com) - One month after chalking up a $16.5-billion asset advance in November, US mutual funds ended December with a $10.8-billion outflow.
Compliance |

FASB Begins Formal Cash Balance Review

January 22, 2004 (PLANSPONSOR.com) - The US Financial Accounting Standards Board (FASB) is undertaking a formal review of how cash balance defined benefit plans are valued - a...
Compliance |

Dems Block Senate Spending Package

January 22, 2004 (PLANSPONSOR.com) - In protest of the Bush administration's plans to rewrite the "white collar" exemption provisions of the Fair Labor Standards Act (FLSA), US Senate...
Compliance |

IRS Pushes GUST Deadline to February 2

January 14, 2004 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has, once again, extended the deadline for GUST determination letter applications that had been due January 31.
Benefits |

TSP Loans Get More Expensive

January 21, 2004 (PLANSPONSOR.com) - Federal workers who have repeatedly gone to the financial well for a loan from their 401(k) plan will now find the exercise a...