Appellate Cash Balance Ruling Applauded for being Succinct, Clear
August 8, 2006 (PLANSPONSOR.com) - Several retirement services industry observers on Tuesday applauded a federal appellate court ruling throwing out...
Tag: Cash Balance
IBM Cash Balance Discrimination Ruling Reversed
August 7, 2006 (PLANSPONSOR.com) - The 7th U.S. Circuit Court of Appeals has overturned a district court's decision that IBM...
Equitable Cash Balance Plan Wins Discrimination Ruling
July 24, 2006 (PLANSPONSOR.com) - The US District Court for the Southern District of New York ruled that a cash...
Cash Balance Litigation Settles for $1.85M
June 21, 2006 (PLANSPONSOR.com) - A federal judge has approved a $1.85 million settlement between a Pennsylvania health care firm...
Old Cash Balance Plans may Get no Protection from US Pension Reform
June 15, 2006 (PLANSPONSOR.com) - Pension legislation now being ironed out by members of the House and Senate probably will...
FleetBoston Cash Balance Suit Moves Forward
April 5, 2006 (PLANSPONSOR.com) - The US District Court for the District of Connecticut has ruled that a FleetBoston Financial...
AT&T Cleared in Cash Balance Notification Suit
April 4, 2006 (PLANSPONSOR.com) - A federal judge has cleared AT&T of allegations it violated the Employee Retirement Income Security...
Benefits |
Duke Energy Workers Sue Over Cash Balance Conversion
February 9, 2006 (PLANSPONSOR.com) - Nine years after it converted its defined benefit pension plan to a cash balance arrangement,...
Benefits |
IBM Beefs Up 401(k), Backs Off DB – Come 2008
January 5, 2006 (PLANSPONSOR.com) - IBM today announced a major redesign of its retirement plans, announcing plans to freeze current...
Court: Cash Balance Plans Aren't Age Discriminatory
November 29, 2005 (PLANSPONSOR.com) - A federal judge in Pennsylvania in large measure relied on pronouncements from the US Treasury...
Cash Balance Plan Foes Lose in PA Federal Court
November 21, 2005 (PLANSPONSOR.com) - Defenders of cash balance pension plans have won a legal victory with a ruling by...
GAO Finds Problems, Potential in CB Designs
November 4, 2005 (PLANSPONSOR.com) - With pension reform proposals swirling in Washington, and the topic of cash balance plans as...
Benefits |
Study: Companies Ease Cash Balance Woes with Transition Protections
October 18, 2005 (PLANSPONSOR.com) - Despite traditional allegations that conversions from a traditional pension to a cash balance plan might...
US Senate Pension Bill Gives PBGC Negotiating Power
September 9, 2005 (PLANSPONSOR.com) - A legislative proposal okayed Thursday by a US Senate panel would allow the nation's private-sector...
Benefits |
BoA Suit Attacks Retirement Date Issue First
August 15, 2005 (PLANSPONSOR.com) - A motion filed in the lawsuit concerning Bank of America's (BoA) Cash Balance Plan asks...
Murphy Approves Partial IBM Cash Balance Proposal
August 9, 2005 (PLANSPONSOR.com) - An Illinois federal judge has okayed a partial settlement between IBM and tens of thousands...
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Citigroup Under Investigation for Cash Balance Conversion
July 8, 2005 (PLANSPONSOR.com) - The law firm of Keller Rohrback L.L.P. announced today that it is investigating Citigroup, Inc....
Benefits |
Class-Action Filed Against PNC over Cash Balance Switch
February 10, 2005 (PLANSPONSOR.com) - A class-action lawsuit filed in federal court is alleging that PNC Financial Services violated federal...
Benefits |
Citigroup Sued Over Cash Balance Plan
February 7, 2005 (PLANSPONSOR.com) - A lawsuit seeking class-action status filed in federal court is alleging that Citigroup's cash-balance pension...
Benefits |
Citigroup Sued Over Cash Balance Plan
February 7, 2005 (PLANSPONSOR.com) - A lawsuit seeking class-action status filed in federal court is alleging that Citigroup's cash-balance pension...