1. A Man Who Was ERISA
For nearly 34 years, we’ve had ERISA. And for virtually all of that time, the Department of Labor has had Morton Klevan—the sagacious lawyer who has interpreted the law’s sometimes ambiguous provisions.
2. DOL Keeping an Eye on Rising Tide of 401(k) Fee Lawsuits
By voicing its opinion on a case involving workers at Deere & Co., the Department of Labor has sent a message that courts need to carefully examine the claims of 401(k) participants in each of the individual suits currently pending.
Employers seeking to help employees become more knowledgeable about defined-contribution and defined-benefit plans, how workers’ assets are protected and more may consider linking their intranets to a page on the U.S. Department of Labor’s Web site.
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mployers seeking to help their workers become more knowledgeable about
defined-contribution and defined-benefit plans, how workers’ assets are
protected and more may consider linking their intranets to a page on the U.S.
Department of Labor’s Web site. "Frequently Asked Questions About Pension Plans
and ERISA" answers
basic questions about the Employee Retirement Income Security Act of 1974;
explains DB, DC, 401(k) plans and others; discusses whether plans can be
terminated; explains which federal agencies regulate plans; and more. The page
also contains contact information for the Pension Benefit Guaranty Corp. and the DOL should employees want to find out more.
Workforce Management Online, January 2009 -- Register Now!
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