IN ORDER To HAVE COMPLETE DISCRETION AS TO BENEFIT DETERMINATIONS, ERISA...

Journal of Risk and Insurance;  December 1, 2000 ;   Stempel, Jeffrey W.;   787 words ......some difficulty determining from the plan documents whether the plan's decision authority...framed the issue as whether language in plan documents to the effect that benefits shall be...no, ruling that the language in the plan documents must confer discretion in clearer terms...

Law on gay marriage challenges employers.(News)

Business Insurance;  May 17, 2004 ;   Greenwald, Judy;   787 words ......state and federal law as same-sex marriage becomes legal in the state...Massachusetts now permits same-sex marriages, but both federal...Constitution to forbid same-sex marriages; but, if approved...until 2006. That means same-sex married couples could ...

New 403(b) Plan Documents Ease Non-Profits' Transition Into IRS Regulatory...

PR Newswire;  May 21, 2008 ;     606 words ......that it now will make available 403(b) plan documents to employers in the non-profit sector...retirement plan. The move to provide 403(b) plan documents to the non-profit arena is the latest...Technical Services. The ING 403(b) plan documents, coupled with both our local presence...

Plan language trumps HR's misstatements.(Court Report)(Quaker Oats Co.)

HRMagazine;  February 1, 2008 ;   Brown, Whitney R.;   561 words ......were due as provided under the benefit plan documents. The two employees in this case joined...Plan. The employees were given summary plan documents about the amended Quaker Retirement...Golden Grain employees). The summary plan documents contained typical language that deferred...

Rules mean change of plan.(Business)

The Journal (Newcastle, England);  April 25, 2007 ;     243 words ......alterations will see local plans gradually replaced by development plan documents, which planning authorities from across the region have...region for later this year to consider other development plan documents. These will undoubtedly influence the use and development...

ERISA ruling highlights need to update plan documents; Employers face risk...

Business Insurance;  December 4, 2006 ;   Lenckus, Dave;   787 words ......underscores that plan sponsors with dated plan documents risk turning over disputed benefit...federal appellate court ruled that the plan documents of the health plan involved in the...decisions of ERISA plan fiduciaries if plan documents explicitly give fiduciaries discretionary...

COBRA, cafeteria plan regulation changes offer new opportunities.(Brief...

Employee Benefit News;  March 1, 2001 ;   McCord, Thomas J.;   787 words ......to revise and update their plan documents. For cafeteria plans, the...automatically. Many cafeteria plan documents may not have been updated...decade. These superannuated plan documents may contain the pre-existing...

Guidance encourages public participation in communities planning.

M2 Presswire;  December 20, 2005 ;     787 words ......the 'soundness' of development plan documents and statements of community involvement. Development plan documents and statement of community involvement...tests will be when development plan documents and statements of community involvement...

Pension Plan Updates Now Due Next Year.

Kiplinger Business Forecasts;  June 29, 2000 ;     226 words ......retirement plan administrators more time to update their plan documents to incorporate changes mandated by Congress in recent years...contribution limits. The IRS has been letting retirement plan documents remain unamended because the agency has been too busy restructuring...

Calif. fines 43 insurers. (Department of Corporations, failure to notify...

Modern Healthcare;  February 3, 1997 ;   Kertesz, Louise;   300 words ......Rosenthal, requires plans to notify enrollees in plan documents about a toll-free complaint hotline and grievance...Officials from several HMOs said omissions in some plan documents were inadvertent. Rosenthal, who brought the problems...

Perils, pitfalls of ERISA Summary Plan Descriptions.(Employee Retirement...

Employee Benefit News;  June 15, 2006 ;     787 words ......employers have inadequate or incomplete plan documents. While an insurance policy is a plan...explaining plan terms In amending plan documents, the employer must carefully follow...only ERISA, but also other controlling plan documents, including insurance policies. For...

Ruling may force change in plan wording; Employers advised to review...

Business Insurance;  October 17, 2005 ;   Lenckus, Dave;   787 words ......plan sponsors may have to modify their plan documents to re-establish the discretionary authority...appellate court in describing the language plan documents should include to insulate coverage...claims administrators' decisions-unless plan documents warn participants that such a ...

Benefit termination not unlawful: ruling. (Curtiss-Wright Corp's benefit...

Business Insurance;  May 18, 1998 ;   Lenckus, Dave;   787 words ......contractor added to its retiree health plan documents in 1983, the company stated that retirees...Income Security Act of 1974. While plan documents reserved the company's right to amend...retirees argued. Like most employers' plan documents at that time, Curtiss-Wright's documents...

Minor pension defects can be corrected.

The Kiplinger Tax Letter;  April 17, 1998 ;     56 words ......can be corrected without losing tax status. IRS allows plans to pay a fine and rectify small errors in their operation or plan documents without being disqualified. Information on the program, including penalties that plans may have to pay, is in Rev. Proc...

Retirement plans need updating, says IRS.("off-the-shelf' retirement plan...

Westchester County Business Journal;  July 14, 2003 ;     345 words ......and mid-sized businesses using off-the-shelf' retirement plan documents that they must update their plans by Sept 30,2003. Businesses...lawyers or consultants. Although the sponsors have updated the plan documents, employers still need to formally adopt the updated plans...