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Archived Pension & Benefits NetNews™

 

November 10, 2009 (Click date to view stories in this section)

• House passes sweeping health care reform bill
• Employer contributions shifting in consumer-driven health plans
• HHS strengthens HIPAA enforcement
• House Democrats introduce H1N1 flu emergency sick leave bill
• Borzi testifies before Senate committee on use of target date funds as 401(k) plan investment option
• Pension funding bill introduced in House
• PBGC and UK agencies sign memorandum of understanding to share information that will advance security of DB plans

November 3, 2009 (Click date to view stories in this section)

• CMS proposes new rules for prescription drug plans
• President signs DOD authorization bill, includes revisions to FMLA military family leave provisions
• Health reform bill heads to the floor of the House
• CBO says employer plans will cover six million more under health reform proposal
• FAQs provide additional guidance to service providers and plan administrators for completing 2009 Form 5500 Schedule C
• PBGC protects pension plan of Powermate Corporation
• DOL obtains default judgment requiring fiduciary to restore plan losses

October 27, 2009 (Click date to view stories in this section)

• Finance Committee releases health care reform bill text
• One in five employers report that missing open enrollment costs workers more than $1,000 in out-of-pocket expenses
• Employer commitment to workers’ retirement plans has waned in recent years, study finds
• Maine's Senate President introduces paid sick leave legislation
• IRS unveils retirement plan navigator aimed at small businesses
• IRS makes corrections to August and September AFR table
• EBSA releases additional guidance for compliance with expanded reporting requirements of 2009 Form 5500 Schedule C

October 20, 2009 (Click date to view stories in this section)

• Senate Finance Committee approves health care reform legislation
• Survey finds voluntary benefits play a key part in employers' overall benefits plans
• Mental health parity rules to be issued by January 2010
• IRS issues 2010 LTC, MSA, adoption benefit, transit COLAs
• Law does not provide for a Social Security cost-of-living adjustment for 2010
• IRS announces pension plan limits for 2010
• DOL sues defunct New Jersey company to obtain appointment of independent fiduciary to oversee abandoned 401(k) plan