NJ Supreme Court Grants Full Rights to Same-Sex Couples
October 25, 2006 (PLANSPONSOR.com) - New Jersey's highest court ruled Wednesday that the Garden State can no longer deny to same-sex couples the full legal benefits of marriage...
Compliance
Most of Coke Company Stock Suit Dismissed
October 24, 2006 (PLANSPONSOR.com) - A federal judge in Georgia has thrown out most allegations in a lawsuit that charged those running Coca-Cola's thrift and investment plan with...
PBGC Assumes Pensions Plans of School Locker Manufacturer
October 23, 2006 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has announced it has assumed responsibility for two pension plans sponsored by Republic Storage Systems Co., Inc.
Full IRA Income to be Used for Tax Calculation of NY Part-year Residents
October 23, 2006 (PLANSPONSOR.com) - New York's Division of Tax Appeals has recently decided that the full amount of an individual retirement account (IRA) distribution is to be...
Ex-Union President Wins $300K in Disability Benefits
October 23, 2006 (PLANSPONSOR.com) - A union pension plan committee failed to prove that a former union president's stress-related ailments were connected to his criminal acts so it...
Physical Disability Alone not Enough to Deny Benefits
October 23, 2006 (PLANSPONSOR.com) - The 2nd US Circuit Court of Appeals ruled that an administrator of a multiemployer pension plan acted arbitrarily and capriciously when it denied...
Religious Groups Lose Appeal of Contraceptive Coverage Decision
October 23, 2006 - (PLANSPONSOR.com) - The New York Court of Appeals has ruled that a group of church-affiliated employers must provide contraceptive coverage in their prescription coverage...
PBGC Assumes Pension Plans of School Locker Manufacturer
October 23, 2006 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has announced it has assumed responsibility for two pension plans sponsored by Republic Storage Systems Co., Inc.
Court: Missing 401(k) Beneficiary Info Doesn't Invalidate Form
October 20, 2006 (PLANSPONSOR.com) - Rejecting a lower court's finding that a 401(k) participant's beneficiary designation of his stepdaughter was not valid, a federal appellate court has sent...
Court Denies Retiree Interest on Delayed Distribution
October 20, 2006 (PLANSPONSOR.com) - The US District Court for the Northern District of Georgia has determined that a former IBM Corp. employee who delayed making a timely...
CT Officials Charge Female Football Player with Benefits Fraud
October 20, 2006 (PLANSPONSOR.com) - Connecticut authorities have charged a state worker with fraudulently getting workers' compensation benefits for an on-the-job injury when actually she was able to...
Participant Time-Barred from Fiduciary Claim Against Coca-Cola
October 20, 2006 (PLANSPONSOR.com) - The US District Court for the Northern District of Georgia ruled that a former Coca-Cola Co. employee waited too long to pursue his...
Fired Employee Due Pay for Unused Vacation
October 20, 2006 (PLANSPONSOR.com) - In overturning a lower court ruling, the Minnesota Court of Appeals found that a provision in an employer's employee handbook saying workers fired...
Allstate Rehire Policy Defies ADEA
October 20, 2006 (PLANSPONSOR.com) - The US District Court for the Eastern District of Missouri ruled in a summary judgment that Allstate Insurance Company's one-year moratorium on rehiring...
IRS Puts Out Final Rule for Electronic Benefit Notices, Elections
October 19, 2006 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) on Wednesday issued a final rule governing how employee benefit plans can properly offer electronic benefit elections, consents...
Court: Participants Had no Standing to Sue PBM
October 18, 2006 (PLANSPONSOR.com) - A federal appellate court has upheld a lower court ruling that two participants in employer-sponsored prescription drug benefit plans do not have a...
Social Security Increase for 2007 Lower than 2006
October 18, 2006 (PLANSPONSOR.com) - The Social Security Administration (SSA) has announced the 2007 cost-of-living adjustment for social security and supplemental security income benefits will be 3.3%.
IRS Puts Out 2007 Plan Limit Changes
October 18, 2006 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) on Wednesday unveiled the maximum benefit and contribution limits on qualified retirement plans for 2007.
Experts: 409A Regs Delay Could Prove a 'Lifesaver' for Some
October 17, 2006 (PLANSPONSOR.com) - Even though 409A non-qualified deferred compensation plan sponsors have been expected to have their Ps and Qs in order since 2005, the latest...
9th Circuit Affirms OSHA Violations Ruling
October 17, 2006 (PLANSPONSOR.com) - The 9th US Circuit Court of Appeals has denied a request to review an order from the Occupational Safety & Health Review Commission...