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Archived Pension & Benefits NetNews™

 

March 9, 2010 (Click date to view stories in this section)

• Major employers support health reform that preserves ERISA preemption, survey finds
• President Obama signs bill extending COBRA subsidy
• Obama calls for health care reform vote by Congress
• Retiring Americans face $260,000 in health care costs
• EBSA Achieves $1.36 Billion in Monetary Recoveries for FY 2009
• EBSA Issues Proposed Regs on Investment Advice
• EBSA Issues Final Regs on Disclosure Requirements for Multiemployer Plans

March 2, 2010 (Click date to view stories in this section)

• More employers eye changes to health benefits to control costs, improve worker behavior
• Milwaukee paid sick leave case referred to state supreme court
• House passes bill repealing insurance industry antitrust exemption
• Obama to announce next steps on health reform
• EBSA supplements guidance on annual reporting requirements for 403(b) plans
• EBSA issues guidance on investment advice and on multiemployer plan information available on request
• IRS issues tax tips on Saver's Credit

February 23, 2010 (Click date to view stories in this section)

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• President Obama releases health care reform proposal
• Cost, coverage, insurance reforms lead agenda for February 25 health reform meeting
• Experts agree a tax on health plans likely to cut benefits
• Many defined benefit plans face unexpected, daunting funding demands
• ERIC Expresses Disappointment with Failure to Include Pension Funding Relief in Senate Jobs Bill
• IRS Issues Tax Tips on Early Distributions from Retirement Plans
• PBGC Issues Rates for Valuing Lump-Sum, Annuity Payments for March 2010

February 16, 2010 (Click date to view stories in this section)

• Many companies planning to restore 401(k) match in 2010
• President takes stance on health reform, encourages incremental approach to jobs bill
• US Department of Labor announces $880,000 grant to provide Maine workers with health insurance payments
• Study highlights need for substance use disorder treatment among full-time workers without health insurance
• ASPPA Petitions Labor Department to Modify EFAST2 System
• DOL Obtains Default Judgment and Appointment of Fiduciary for Abandoned 401(k) Plan
• PBGC Notifies Bendix Commercial Vehicle Systems LLC of its Responsibility to Pay $16.9 Million in Pension Liability