Archive | November, 2011

It’s a good time to review your gift policy.

November 30, 2011

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With the holidays upon us, we’ve reached the time of year when most gift giving takes place. Fiduciaries are often the recipients of gifts and they need to be careful as they consider whether to accept them. I addressed this…

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ERISA-New York Court Rules That Claims Of Breach Of Contract, Fraud, And Promissory Estoppel Are Preempted by ERISA

November 30, 2011

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In Runfola v. Siegel, Kelleher & Kahn, 2011 NY Slip Op 08410 (Appellate Div. of the Supreme Court of New York, Fourth Department, November 18, 2011), the plaintiff had brought suit against the defendant, Siegel, Kelleher & Kahn ("SKK"), in…

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1099-R Distribution Codes

November 29, 2011

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When distributions are made from a retirement account the tax form issued is the 1099-R.  A lot of information we want to know as auditors is presented on the form; gross Continue reading

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ERISA-District Court Rules That An Employer Did Not Fire Plaintiff In Order To Interfere With Her Attainment Of An Employee Benefit

November 29, 2011

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In Dinsmore v. Covenant Healthcare, Case No. 10-13451-BC (E.D. Michigan 2011), the Plaintiff, Debra Dinsmore ("Dinsmore"), filed a complaint against her former employer, Covenant Healthcare ("Covenant"), and her former supervisor, Kathy Buchanon ("Buchanon"). She alleged that (among other things) the…

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Fiduciary Links: The problem with trust

November 28, 2011

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>>>>While trusting others isn’t always easy, it’s both necessary and a reality we face every day. From the social reliance we place on those around us to follow traffic laws to the intimate relationships we form with doctors to guide…

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ERISA-Tenth Circuit Upholds Decision To Deny Health Care Coverage For Residential Treatment

November 28, 2011

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In Eugene v. Horizon Blue Cross Blue Shield of New Jersey, No. 10-4225 (10th Cir. 2011), the plaintiff, Eugene S. ("Eugene"), was appealing the district court’s grant of summary judgment to the defendant, Horizon Blue Cross Blue Shield of New…

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Employee Benefits-EBSA Provides Guidance On The Mental Health Parity and Addiction Equity Act

November 22, 2011

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The Employee Benefits Security Administration (the "EBSA") has issued FAQs, which provide guidance on the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (the "Mental Health Parity Act" or "MHPA"), as applicable to group…

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Fiduciary Links: Thanksgiving edition!

November 21, 2011

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It must be time for the holidays, because it was a slow week for links. Nonetheless, we want to highlight a couple of articles in particular to show how thankful we are this week for the good work of some…

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Employee Benefits-EBSA Postpones The Effective Date For The Rules Requiring Health Plans To Provide A Summary Of Benefits and Coverage

November 21, 2011

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The Employee Benefits Security Administration (the "EBSA") has issued FAQs, which announce that the effective date for the rules requiring group health plans to furnish the Summary of Benefits and Coverage (the "SBC") and the related Uniform Glossary (the "Glossary")…

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Keeping Current—A Regulatory Update on Retirement Plans

November 18, 2011

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ASPPA Annual conference attendees caught up on retirement plan regulation with the keeping current session with Ilene Ferenczy and Derrin Watson.
Related posts:

  1. 401(k) Retirement Plans Myths – Debunked As the super committee looks to slash spending, pension professionals…
  2. ASPPA Responds to DOL Regulatory Burden Request Craig Hoffman, ASPPA General Counsel and Director of Regulatory Affairs…
  3. Actuaries Held to Higher Standards– Even More Important When Retirement Plans at Risk The ASPPA College of Pension Actuaries (ACOPA) sponsored the Actuarial…

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