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News Bulletin: DOL’s New 5500 Forms Are Available

Pension and welfare benefit plans are generally required to file a yearly return report, which can usually be completed by using the 5500 form that is updated each year. This is an important compliance and research tool for the DOL, and part of ERISA reporting and disclosure rules. For the 2004 form and more information, […]

DOL Proposes Rule To Reveal 401(K) Plan Fees

The U.S. Department of Labor (DOL) has issued a proposed rule that would force 401(k) plan administrators to report compensation they derive directly and indirectly from their services. In addition, the rule would require plan administrators to disclose in writing potential conflicts of interest to plan fiduciaries, namely employers. The regulation’s main purpose is to […]

News Notes: Need To Relocate Child Doesn’t Qualify For Family And Medical Leave

The Ninth Circuit Court of Appeal ruled that time spent moving a family member because of concern for the person’s well-being does not fall under the family and medical leave laws. Fe Castro Marchisheck submitted an emergency request for time off from her medical technician job at San Mateo General Hospital so she could take […]

E-Alerts: Health and Safety: Two New OSHA Resources Available

The U.S. Occupational Safety and Health Administration is offering a “Cold Stress Card” that recommends ways to avoid health problems caused by prolonged exposure to freezing or cold temperatures on the job. According to OSHA, workers in construction, commercial fishing, maritime, and agriculture are at highest risk for these problems, which can include trench foot, […]

Benefits: DOL Proposes Rules Clarifying COBRA Notice Requirements; What You Need to Know

For the first time since 1986, the U.S. Department of Labor has proposed new rules affecting the COBRA notice requirements. COBRA rules affect individuals’ rights to continue group health coverage under certain circumstances. For employers the consequences for not giving written notice in accordance with COBRA rules can be steep, including having to pay an […]

News Notes: Court OKs Trading Pension Benefits For Signed Releases

It’s common to ask employees who accept early retirement to agree to waive future legal claims against you in exchange for higher pension payouts. But is it legal? Two years ago, the Ninth Circuit Court of Appeal ruled that Lockheed Corporation violated the Employee Retirement Income Security Act (ERISA) when it did just that. The […]