CA Senator Proposes Worker Health Care Plan
December 14, 2006 (PLANSPONSOR.com) - California Senate President pro Tem Don Perata on Tuesday unveiled a health care proposal that would give all of California's working adults and...
Compliance
Court Gives Thumbs Down to Citigroup Cash Balance Plan
December 14, 2006 (PLANSPONSOR.com) - A federal judge in New York has ruled in a lawsuit that Citigroup's cash balance plan is not "age neutral" in the latest...
Death Cause not Necessarily Accident Under Plan Terms
December 14, 2006 (PLANSPONSOR.com) - The US District Court for the Eastern District of Wisconsin denied accidental death benefits for the beneficiary of a woman whose death was...
Oregon's Wyden Puts out Universal Health Proposal
December 14, 2006 (PLANSPONSOR.com) - A US Senate Democrat has released a new proposal to provide private health coverage to all Americans.
Family of Former NFL Player Gets Additional Disability Benefits
December 14, 2006 (PLANSPONSOR.com) - The family of National Football League (NFL) Hall of Famer Mike Webster has won additional disability benefits due to him prior to his...
IRS Adds EGTRRA and PPA Provisions to Qualification Requirements
December 14, 2006 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has issued Notice 2007-3 containing the 2006 Cumulative List of Changes in Plan Qualification Requirements for plan sponsors...
UPS Settles Disability Discrimination Suit of Visually Impaired 'Sorter/Loader'
December 13, 2006 (PLANSPONSOR.com) - United Parcel Service (UPS) agreed to pay a former sorter/loader $100,000 to settle a discrimination suit that alleged the company fired him on...
Feds Clarify HIPAA Rules for Wellness Rewards
December 13, 2006 (PLANSPONSOR.com) - The Departments of Labor (DoL), Health and Human Resources (HHS), and Treasury have released final HIPAA (Health Insurance Portability and Accountability Act) rules,...
Appellate Judges Uphold ExxonMobil Insurance Denial
December 12, 2006 (PLANSPONSOR.com) - Even though the ExxonMobil employee benefits department posthumously signed up a physician for added life insurance coverage, his children are not entitled to...
Appellate Court Says Employee Can Be Fired After Reinstatement
December 12, 2006 (PLANSPONSOR.com) - The 3rd US Circuit Court of Appeals ruled that a company can fire an employee for a second time even after it is...
Oregon Latest to Move Toward Universal Health Care
December 11, 2006 (PLANSPONSOR.com) - Oregon's Senate Interim Commission on Health Care Access and Affordability has approved a draft of a universal health care plan for the state.
Regulators Unveil PPA Changes to Form 5500
December 8, 2006 (PLANSPONSOR.com) - Federal pension regulators on Friday announced a series of proposed changes to the 2008 Form 5500.
US House Approves Compromise Bill with HSA Revisions
December 8, 2006 (PLANSPONSOR.com) - The US House on Friday approved a tax package hammered out with Senate negotiators that would enhance the appeal of health savings accounts...
Senate Bill Would Extend Mental Health Parity Provisions
December 8, 2006 (PLANSPONSOR.com) - A broader tax bill offered by the two top members of the US Senate Finance Committee would extend for another year a law...
Appellate Court Rules Options Taxable When Exercised
December 7, 2006 (PLANSPONSOR.com) - In the first time it has considered the issue, a federal appeals court has ruled that an employee's nonqualified stock options from his...
Court OKs Class Action in Aon 401(k) Company Stock Suit
December 6, 2006 (PLANSPONSOR.com) - A federal judge in Chicago has certified as a class action a lawsuit against Aon Corp. over allegations 401(k) participants lost ten of...
DoL Makes 2006 M-1 Form Available
December 6, 2006 (PLANSPONSOR.com) - The US Department of Labor's Employee Benefits Security Administration (EBSA) will make available Thursday the 2006 Form M-1 annual report for multiple employer...
PPF Rebuffs Risk-Based Pension Insurance Levy
December 5, 2006 (PLANSPONSOR.com) - UK pension plans that favor potentially riskier investments will not get hit with higher insurance premiums to the Pension Protection Fund (PPF), regulators...
PBGC Puts Out 2007 Maximum Benefit Payments
December 5, 2006 (PLANSPONSOR.com) - The nation's private-sector defined benefit pension insurer announced Tuesday the maximum annual benefit for participants in plans terminating in 2007 is $49,500 for...
A.G. Edwards Excessive 401(k) Fee Suit Passes First Hurdle
December 4, 2006 (PLANSPONSOR.com) - A federal judge has cleared the way for a former employee of A.G. Edwards to continue pressing forward with his Employee Retirement Income...