EBSA Offers Another Free Fiduciary Seminar
February 4, 2009 (PLANSPONSOR.com) - Next week plan sponsors in the Long Island area will have a chance to learn how to "get it right."
Compliance
Stock Drop Suit Hits BoA over Countrywide, Merrill Deals
February 3, 2009 (PLANSPONSOR.com) - A Bank of America (BoA) employee has hit the financial services giant with a stock drop suit alleging the company's acquisitions of Countrywide...
Judge Holds Employer Liable for Missing Plan Contributions
February 3, 2009 (PLANSPONSOR.com) - A federal judge has ruled that the owner of a now-defunct Michigan construction firm is personally liable for $24,900 in unpaid retirement savings...
New Health Care Legislation Requires Disclosures from Employers
February 2, 2009 (PLANSPONSOR.com) - Both houses of Congress have passed new legislation that would, among other things, require employers to amend their health care coverage rules and...
State Street Validated by Company Stock Suit Ruling
February 2, 2009 (PLANSPONSOR.com) - A federal appellate court has cleared State Street Bank & Trust Co. of wrongdoing for selling W.R. Grace Company stock from the company's...
Effective Date of New Form I-9 Delayed
February 2, 2009 (PLANSPONSOR.com) - The Department of Homeland Security's U.S. Citizenship and Immigration Services (USCIS) has delayed the implementation of a new rule and new Form I-9...
CA Appellate Court Upholds $1M+ Civil Suit Award Against Employer
February 2, 2009 (PLANSPONSOR.com) - A California appellate court has upheld an award of just over $1 million to an employee who sued his employer after he was...
Stock Drop Suit Passes First Hurdle
January 30, 2009 (PLANSPONSOR.com) - An employee 401(k) stock drop suit survived its first major challenge when a federal judge in Tennessee turned away an early effort by...
Court Hears Arguments on PBGC Plan Termination Fees
January 30, 2009 (PLANSPONSOR.com) - U.S. federal judges on Thursday heard arguments whether companies that emerge from bankruptcy must pay termination fees to the Pension Benefit Guaranty Corporation...
CA Judge Says Governor Can Force Furloughs for State Workers
January 30, 2009 (PLANSPONSOR.com) - A Sacramento Superior Court judge on Thursday ruled that it was legal for Governor Arnold Schwarzenegger to force state workers to take two...
Ledbetter Pay Equity Bill Signed into Law
January 29, 2009 (PLANSPONSOR.com) - President Barack Obama on Thursday signed into law the Lilly Ledbetter Fair Pay Restoration Act, which allows workers up to six months after...
House Passes COBRA Expansion as Part of Stimulus Package
January 29, 2009 (PLANSPONSOR.com) - Legislation approved by the U.S. House of Representatives as part of a stimulus package could require employers to offer COBRA health care coverage...
Northwest Target-Date DC Plan Escapes Legal Challenge
January 28, 2009 (PLANSPONSOR.com) - A federal judge in Minnesota has rebuffed an age-discrimination challenge to Northwest Airlines' defined contribution plan, ruling the complex program's use of age...
PBGC Takes Over Chicago Social Service Agency Pension
January 28, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for the pensions of more than 500 employees and retirees of the Jane Addams...
Cash Balance Plan Participants' Document Requests not Subject to ERISA Time Limit
January 28, 2009 (PLANSPONSOR.com) - The U.S. District Court for the Western District of Kentucky has determined that an employer did not have to provide certain documents requested...
Court Upholds Higher Pension Contribution Requirement for Older Workers
January 26, 2009 (PLANSPONSOR.com) - The U.S. District Court for the District of Maryland has ruled that Baltimore County did not violate the Age Discrimination in Employment Act...
Employees Questioned in Workplace Sexual Harassment Investigations are Protected
January 26, 2009 (PLANSPONSOR.com) - The U.S. Supreme Court has ruled that an employee who answers questions during an employer's investigation of sexual harassment complaints is protected from...
High Court Affirms DuPont's Payment to Ex-wife
January 26, 2009 (PLANSPONSOR.com) - The U.S. Supreme Court said Monday that DuPont Co. was correct to pay a deceased worker's retirement benefits to his ex-wife even though...
NY Court Upholds Ruling to Recognize Out-of-state Same-sex Marriages
January 26, 2009 (PLANSPONSOR.com) - The appellate division of the state of New York's Supreme Court has upheld a ruling that same-sex marriages of state employees that are...
Stimulus Package Contains Business Incentives
January 26, 2009 (PLANSPONSOR.com) - The U.S. Senate Finance Committee is scheduled to take up a proposed $455-billion federal bailout package Tuesday morning that backers say should help...