Search for: "LABORERS WELFARE, PENSION AND TRAINING FUNDS"
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4 Oct 2022, 2:57 pm
Insolvent single employer pension plan funding is covered under a separate PBGC insurance program. [read post]
15 Sep 2021, 9:52 am
With recent economic and other business disruptions causing insolvency or other business distress for many businesses, companies sponsoring or contributing to pension plans subject to the Pension Benefit Guarantee Corporation(“PBGC”) funding and insurance rules and those involved in their leadership, sale, liquidation or other resolution should use care to monitor these plans, their funding, and their funding obligations to avoid becoming… [read post]
31 Jul 2012, 8:17 am
The MAP-21 funding relief is intended to help employers struggling to meet heightened pension funding obligations brought about by the decline in investment performance resulting from the economic downturn. nancial reporting under Section 4010 of ERISA, and qualified transfers of excess pension assets to retiree medical accounts. [read post]
17 Apr 2013, 2:21 pm
According to Hayward’s complaint, both of the County Employees’ and Officers’ Annuity and Benefit Fund of Cook County’s requirements for her participation in her employer’s pension plan violated USERRA’s pension protection provisions. [read post]
26 Dec 2013, 5:53 pm
A primary drafter of the Bolivian Social Security pension privatization law, Ms. [read post]
7 Jan 2015, 5:48 pm
All other rights reserved.Filed under: Employee Benefits, Employers, ERISA, Form 5500, Health Plans, Human Resources, Insurance, MEWA, Reporting & Disclosure, Uncategorized Tagged: defined benefit, IRC 412, Pension, Pension Funding, Qualified Plans, Retirement Plans, Tax [read post]
3 Feb 2020, 8:21 am
About the Author A Fellow in the American College of Employee Benefit Counsel, the American Bar Foundation and the Texas Bar Foundation; Former Chair of the RPTE Employee Benefits and Compensation Committee, the current Co-Chair of its Welfare Benefit Committee and former Chair of its Welfare Benefit, Plan Terminations, Fiduciary Responsibility and Defined Compensation Plan Committees; former RPTE Joint Committee on… [read post]
10 Apr 2013, 5:13 pm
PBGC, which insures traditional pensions offered by non-governmental employers continues to struggle for funding to meet the costs of funding its program of insuring failed private defined benefit pension plans. [read post]
8 Jul 2017, 12:21 pm
__________To Norges Bank 5 May 2017 UNOFFICIAL ENGLISH TRANSLATION Recommendation to exclude Hansae Yes24 Holdings Co Ltd and Hansae Co Ltd from the Government Pension Fund Global (GPFG) Summary The Council on Ethics for the Government Pension Fund Global (GPFG) recommends that Hansae Yes24 Holdings Co Ltd (Hansae Yes24) and its subsidiary Hansae Co Ltd (Hansae) be excluded from the GPFG due to the working conditions at the latter’s textile factories. [read post]
28 Nov 2012, 4:51 pm
The demands on the PBGC insurance program prompted Congress to increase premiums, modify pension funding rules and enact various other reforms in an effort to shore up the PBGC insurance program. [read post]
13 Oct 2017, 2:20 pm
Qualified profit-sharing and pension plan sponsors, fiduciaries, administrators and service providers should check of this recent guidance on various qualified pension and profit sharing plan qualification: Procedures for automatic approval for certain changes in funding method – For single-employer defined benefit plans subject to the minimum funding requirements of Internal Revenue Code (IRC) Section 430 (Revenue Procedure 2017-56). [read post]
30 Nov 2012, 3:20 am
The Labor Reform provides that in order for the employer to terminate such trial period at its own discretion without incurring any liability, it must consider the opinion of the Mixed Commission for Productivity and Training (which must be created by the employer), as well as the nature of the work and employment position. [read post]
31 Jul 2013, 5:10 pm
” According to the Labor Department brief Hofmeister, Tew and Bluegrass have repeatedly violated ERISA, using nearly $40 million in pension plan assets to benefit themselves or related parties. [read post]
23 May 2012, 3:07 pm
Money Purchase Pension Plan, Western Mixers Inc., its owners and officers will pay a total of $1,287,901 to the company’s pension plan, plus a 20 percent penalty to the Department of Labor. [read post]
18 May 2012, 11:12 am
A primary drafter of the Bolivian Social Security pension privatization law, Ms. [read post]
7 Mar 2007, 2:02 pm
(A) medical, surgical, or hospital care or benefits, or benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs, or day care centers, scholarship funds, or prepaid legal services, or (B) any benefit described in section 302(c) of the Labor Management Relations Act, 1947 (other than pensions on retirement or death, and insurance to provide such pensions).An employer can… [read post]
25 May 2012, 3:13 pm
A primary drafter of the Bolivian Social Security pension privatization law, Ms. [read post]
6 Jan 2015, 8:15 am
All other rights reserved.Filed under: Employee Benefits, Employers, ERISA, Form 5500, Health Plans, Human Resources, Insurance, MEWA, Reporting & Disclosure, Uncategorized Tagged: defined benefit, IRC 412, Pension, Pension Funding, Qualified Plans, Retirement Plans, Tax [read post]
11 Dec 2015, 10:18 am
Stamer uses her deep and highly specialized health, insurance, labor and employment and other knowledge and experience to help employers and other employee benefit plan sponsors; health, pension and other employee benefit plans, their fiduciaries, administrators and service providers, insurers, and others design legally compliant, effective compensation, health and other welfare benefit and insurance, severance, pension and deferred compensation, private… [read post]
1 Apr 2014, 11:15 am
The Pension Benefit Guaranty Corporation (PBGC) is touting a proposal that would add the option for 401(k) and other defined contribution plan participants to elect at time of distribution to have the balance of their 401(k) plan account converted to traditional pensions. [read post]
