PBGC Seeks $1 Million+ in Liability Payments From Pension Plan in Trusteeship
The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension...
Tag: congress
Taft-Hartley Plan Wants Back $220M Partial Pension Withdrawal
Boilermaker-Blacksmith National Pension Trust claims arbitrator Richard C. McNeill Jr. incorrectly ruled that GE satisfied the building and construction industry...
Benefits |
EBSA’s Lisa Gomez Talks DOL 2024 Agenda
The Department of Labor keeps working to implement provisions of 2022’s SECURE 2.0 Act alongside further rules for retirement and...
UnitedHealth Group Insurance TPA, UMR Sued by DOL
The Department of Labor’s complaint may indicate health care regulations are going the way of rules for retirement plans.
Biden Signs Debt Ceiling Bill, Averting Government Default
President Joe Biden signed the bill into law on Saturday, suspending the debt ceiling until 2025.
Senate Passes Debt Ceiling Bill After Day of Debate
The bill passed by a vote of 63 to 36 to avoid a June 5 default by the federal government.
NAGDCA Asks for More Time on Roth Catch-Ups, Again
Government plans will struggle to comply with SECURE 2.0 because of their administration requirements.
SECURE 2.0 Accidentally Dropped Catch-Ups, But Industry is On the Case
Legislators seem to have dropped a section from the final version of SECURE 2.0 that nullifies catch-up contributions in retirement...