1997 Newsroom

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November

• Amendment of ERISA Plan Asset Rules Provides Guidance for Simple Plans Involving IRAs [11/25/97]

• Department of Labor Promotes Retirement Savings through SAVER Act [11/24/97]

• Labor Secretary Alexis Herman Calls for Hearings on 401(K) Fees [11/10/97]

October

• Labor Secretary Alexis M. Herman Stresses the Importance of Retirement Savings [10/28/97]

• ERISA Advisory Council to Hold Public Meetings in November [10/23/97]

• Labor Department Reopens Nomination Period for Employee Benefits Advisory Council [10/17/97]

• Labor Department Seeks Public Comment on 401(k) Plan Fees at November Hearing [10/16/97]

• Labor Department Extends Nomination Period for Employee Benefits Advisory Council [10/01/97]

September

• ERISA Advisory Council to Hold Public Meetings in October [09/25/97]

• Labor Department Settles Lawsuit Against California Company Over Unpaid Health Claims [09/24/97]

• Philadelphia Plan Trustee is Sentenced to Six Months for Embezzlement [09/23/97]

• Labor Department Requests Information On Notice Provision of Cobra Coverage [09/23/97]

• Laborer's Fund Administrator Pleads Guilty to Pension Fraud [09/09/97]

August

• ERISA Advisory Council to Hold Public Meetings in September [08/22/97]

• Pension Agency Names Director of Enforcement [08/19/97]

• New Law Eliminates Certain Employee Benefit Plan Filing Requirements [08/08/97]

• Labor Department Exemption Saves Employees Plans' Fees On Plan Investments [08/08/97]

• U.S. Department of Labor to Fill Five Vacancies on ERISA Advisory Council [08/04/97]

July

• Ohio Trustees Ordered to Restore More Than $100,000 to Profit Sharing Plan for Failure to Diversity Plan Assets [07/31/97]

• Labor Department Issues Guide to Clarify Division of Pension Assets Through Domestic Relations Orders [07/30/97]

• Labor Secretary Herman Supports New Legislation to Protect Pensions [07/29/97]

May

• ERISA Advisory Council to Hold Public Meetings in June [05/27/97]

• Labor Department, IRS Extended Filing Time for Annual Reports Due to Severe Weather in Minnesota, Dakotas [05/20/97]

• Labor Department Co-Hosts Third Annual Outreach Program [05/14/97]

• New York Carpenters' Plan to Receive Over $50 Million [05/06/97]

April

• Sacramento Auto Dealers Association Pays $642,000 to Resolve Health Benefit Claims [04/28/97]

• Austell, Georgia Women Indicted on Health Benefit Fraud [04/24/97]

• ERISA Advisory Council to Hold Public Meetings in May [04/23/97]

• Labor Department Invites Comments on Proposal to Raise Penalities Under ERISA [04/21/97]

• North Oakland Radiology Company, Principal Sued for Prohibited Loans made from 401(k) Pension Plan [04/17/97]

• Mid-Cities Association for Retarded Children Benefit Plan Suffers Losses from Violations of Federal Pension Law [04/11/97]

• Alexandria Pension Fund Officials to Repay More Than $500,000 for Improper Investments [04/08/97]

• Federal Rules Give Americans Greater Rights and Protections for Health Benefits [04/01/97]

March

• Labor Department Recovers $22 Million for 401k Plans and Begins Hotline for Workers [03/31/97]

• Amendment of ERISA Plan Asset Rules to Provide Guidance for Simple Plans Involving IRAs [03/27/97]

• ERISA Advisory Council to Hold Public Meetings In April [03/18/97]

• Labor Department Seeks Comment on Proposed Non-Enforcement Policy for Annual Reporting by Multiemployer Welfare Plans [03/13/97]

• Labor Department, Internal Revenue Service Extend Filing time for Annual Reports Due to Severe Weather in Midwest and South [03/12/97]

• Labor Department Cautions Financial Firms to Stop Using Employee Benefit Plans in Negotiating Corporate Sales [03/07/97]

• Ohio Plan Officials Ordered to Restore More Than $65,000 to Employee Benefit Plans [03/05/97]

• Painters Official Sentenced for Embezzling Welfare Funds [03/04/97]

February

• Labor Department Lawsuit On Behalf of Workers to Reclaim as Much as $5 Million Siphoned from Health Funds [02/26/97]

• ERISA Advisory Council to Set 1997 Agenda [02/07/97]

• Labor Department Proposes Class Exemption for Plan Foreign Exchange Transactions [02/04/97]

January

• Chairs Named for ERISA Advisory Council [01/23/97]