PLANSPONSOR Weekend Newsdash
Week ending January 22nd, 2016
This week, another major retirement plan fee lawsuit was filed and a Supreme Court decision alerts Employee Retirement Income Security Act (ERISA) health plan sponsors to be quick when requesting reimbursement from employees who recoup medical costs from a third party. New rules may affect how local governments manage their pensions and how churches design their retirement plans. We also reported about cost-cutting trends in the defined benefit (DB) plan space and what commenters think about the Department of Labor’s proposal for state-run retirement plans for private-sector workers. Have a happy weekend!
Editor's choice
Industry Groups Call Out Issues with State-Run Plan Proposal
ICI and SIFMA contend the DOL proposal for state-run retirement programs would result in a confusing patchwork of laws and other unintended consequences.Read more >
GASB 68 a Wake Up Call for Local Governments
Researchers found that for 92 cities, the unfunded pension liability as a percentage of revenue rises from 37% before GASB 68 pension accounting standards to 70% after.Read more >
2015 PLANSPONSOR Defined Contribution Survey Standouts Announced
Eleven service providers will be recognized at the annual PLANSPONSOR/PLANADVISER Awards for Excellence dinner March 31.Read more >
Auto Enrollment an Opportunity for Church Plans
Church plan legislation provides an immediate opportunity for plan sponsors to affect participant outcomes through auto enrollment; the effect of other provisions remains to be seen.Read more >
SCOTUS Decision Means Lien Enforcement Must Be Quick
It is essential for plan sponsors to understand how liens work under ERISA—and how a recent Supreme Court decision puts serious time pressures on the collection of equitable relief from participants and beneficiaries.Read more >
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2022 Recordkeeping Survey
TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
Some states are in more than one time zone.
TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

Some may describe the arrival of the coronavirus as a “watershed moment.”

TRIVIAL PURSUITS: Which are the most northern, southern, eastern and western U.S. States?
More TDF Underperformance Lawsuits Emerge Across US

Among the latest major employers to be sued under ERISA for alleged underperformance of default investment options are Marsh & McLennan and Advance Publications.

Editorial: Alison Cooke Mintzer


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