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ERISA news |
ERISA On the web: Court calls for Solicitor General's views on two ERISA petitions (SCOTUSblog)On Monday the Court called for the views of the Solicitor General on two petitions arising from the same ERISA case, Amara v. CIGNA Corp. Both petitions raise questions regarding the proper remedy for misleading or inadequate disclosures relating to changes in a pension plan. Background In 1998, CIGNA changed its pension plan from a “defined benefit” [...] Update in the On-Going ERISA 401(K) Class Action Against Northern Trust Company Announced by Stull, Stull & Brody (Business Wire via Yahoo! Finance)NEW YORK----Stull, Stull & Brody announced today that on March 9, 2010 the Honorable Judge Lefkow of the United States District Court for the Northern District of Illinois, Eastern Division, denied in part Northern Trust Company's motion to dismiss the ERISA class action complaint which had been filed on behalf of certain participants who held Northern Trust stock in their Northern Trust Company ... Update in the On-Going ERISA 401(K) Class Action Against Northern Trust Company Announced by Stull, Stull & Brody (Business Wire via Yahoo! Finance)NEW YORK----Stull, Stull & Brody announced today that the Honorable Judge Lefkow of the United States District Court for the Northern District of Illinois, Eastern Division, yesterday denied in part Northern Trust Company's motion to dismiss the ERISA class action complaint which had been filed on behalf of certain participants who held Northern Trust stock in their Northern Trust Company Thrift ... The season, according to Dave Riley (Telluride Daily Planet)Telluride Ski and Golf Company may not be a main street shop, but its CEO, Dave Riley, made an appearance at the Telluride Retail Association meeting Tuesday to discuss the economy and share how his own business is faring. Demolition company execs, residing in Newark and Middletown, convicted of tax, retirement benefit fraud (The Newark Post)William C. Holley, age 44, of Middletown, and Joseph E. Funk, Jr., age 61, of Newark, were found guilty by a federal jury on March 10th of various tax and retirement benefit fraud-related crimes. The 4-1-1 on 403(b) Plans (Investopedia via Yahoo! Finance)These plans resemble 401 plans in many respects, but are specially designed for nonprofit entities. Ellen R. Shaffer: Three Things Worth Fighting For: A Public Option, Women's Rights and Single Payer (The Huffington Post)It's increasingly apparent that there are deep structural fissures in our society. We can do something -- but it will take some work. Here are three tests that demand our commitment. March Interest Rates Decrease Slightly For GRATs, Sales To Defective Grantor Trusts, Intra-Family Loans And Split ... (Mondaq)The March applicable federal rate ("AFR") for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 3.2%. The rate for use with a sale to a defective grantor trust, SCIN or intra-family loan, with a note of a 9-year duration (the mid-term rate, compounded annually), is 2.69%. These are slight decreases from February's rates. Labour and Employment (Mondaq)The Mental Health Parity and Addiction Equity Act (MHPAEA), passed by Congress in 2008, significantly altered the rules for group health plans (GHPs) providing mental health or substance abuse disorder benefits (the Covered Benefits). Proskauer Expands Global Labor and Employment Practice to Chicago (Business Wire via Yahoo! Finance)CHICAGO----Signaling the continued expansion of its renowned labor and employment practice and Chicago office, Proskauer announced that Nigel Telman, an experienced employment law litigator and counselor with deep ties to the Chicago business and civic communities, has joined the firm as a partner. |
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