NY High Court Affirms $1.6M Judgment for Deutsche Bank
June 6, 2006 (PLANSPONSOR.com) - The New York State Court of Appeals has affirmed a decision to grant $1.6 million in damages to Deutsche Bank from the Montana...
Compliance
Two Companies Settle Discrimination Suits With EEOC
June 5, 2006 (PLANSPONSOR.com) - The EEOC filed separate discrimination lawsuits in 2004 against Wal-Mart and in 2005 against R.T.G. Furniture alleging that managers and supervisors at the...
Supreme Court Defers Illegal Worker Case Back to Appeals Court
June 5, 2006 (PLANSPONSOR.com) - The US Supreme Court dismissed Monday a case on whether a Georgia carpet and floor-covering maker could be sued under federal anti-racketeering law...
SC Supreme Court Sets State Timetable to Refund $30M to Retirees
June 2, 2006 (PLANSPONSOR.com) - The South Carolina Supreme Court issued a July 1 deadline for the state to refund the money to about 14,000 working retirees who...
ERIC Brings Contentions Over FASB Draft
June 2, 2006 (PLANSPONSOR.com) - An employer lobbying group said that the Financial Accounting Standards Board's (FASB) draft on accounting changes for pensions aand other post-retirement plans are...
NJ Democrats Propose Salary and Benefits Cuts to Ease $30B Deficit
June 2, 2006 (PLANSPONSOR.com) - Three Democratic New Jersey lawmakers have proposed a plan that would cut workers' salaries and benefits by 15%, saving the state an estimated...
Court Rules that Participant's ERISA Rights Supersede State Prison's Order
June 2, 2006 (PLANSPONSOR.com) - The 6th US Circuit Court of Appeals found that Michigan prisoners' rights as participants in pension plans were violated by orders of the...
NJ Republicans Propose Pension Bill
June 1, 2006 (PLANSPONSOR.com) - Republicans in the New Jersey Senate have proposed changes to public employee pensions in an attempt to curb expenses that have cost the...
Judge Orders Company to Pay Workers in Discrimination Suit
June 1, 2006 (PLANSPONSOR.com) - A federal judge ordered John Pickle Company, Inc., a Tulsa, Oklahoma-based oil industry parts manufacturer, and its president, John Pickle, to pay 52...
DoL Unveils Back Pay Search Engine
June 1, 2006 (PLANSPONSOR.com) - Employees who may be owed unpaid salary from a former employer who was the target of a Department of Labor investigation can now...
Judge Gives Nod to Delta's Settlement with Pilots Union
June 1, 2006 (PLANSPONSOR.com) - A federal bankruptcy court judge rejected objections by the Pension Benefit Guaranty Corporation (PBGC) when he gave his blessing to a wage concession...
Judge Rules that Employee Can Sue Under State Laws in Pension Dispute
June 1, 2006 (PLANSPONSOR.com) - The US District Court of Eastern New York denied the request of Cendant Corp. and IBM to drop the complaint of the two...
PBGC Says Mandatory E-filing Begins July 1
June 1, 2006 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) will soon require sponsors of insured defined benefit pension plans to electronically submit their premium filings to...
DoL Settles Improper ESOP Trade Allegations in CA Plan
June 1, 2006 (PLANSPONSOR.com) - The trustees of an employee stock ownership plan (ESOP) sponsored by a Stockton, California company have agreed to a $1.4 million settlement of...
Maine Governor Signs Emergency Responder Retiree Health Subsidy Bill
May 31, 2006 (PLANSPONSOR.com) - Maine Governor John Baldacci has signed into law a measure requiring the state to pay 45% of the cost of health insurance for...
Judge Decides Alamo Bosses Discriminated Against Muslim Employee
May 31, 2006 (PLANSPONSOR.com) - In the first post-9/11 Muslim discrimination case the Equal Employment Opportunity Commission (EEOC) filed, a federal judge has ruled that Alamo Rent A...
NY Relaxes 'Convenience of Employer Test'
May 31, 2006 (PLANSPONSOR.com) - A new memorandum by The New York State Department of Taxation and Finance could mean that the state is softening its attitude toward...
First Wife Gets Plan Participant's Benefits
May 31, 2006 (PLANSPONSOR.com) - The 6th US Circuit Court of Appeals ruled that a deceased pension plan participant's first wife is his surviving spouse under Ohio law...
Maine Governor Signs Emergency Responder Retiree Health Subsidy Bill
May 31, 2006 (PLANSPONSOR.com) - Maine Governor John Baldacci has signed into law a measure requiring the state to pay 45% of the cost of health insurance for...
IRA Could be Tapped To Cover Criminal Fines
May 31, 2006 (PLANSPONSOR.com) - The US District Court for the Eastern District of Washington said in a memorandum opinion that an individual retirement account (IRA) could be...