Pension & Benefits NetNews – May 7, 2013

 

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Featured This Week

Employee Benefits Management News

  • ERIC urges greater flexibility and clarity for ACA out-of-pocket rules
  • Regulations won’t be issued on ACA’s provider non-discrimination, clinical trials provisions, according to EBSA FAQs
  • Democrats introduce measure in both House, Senate to extend FMLA rights to same-sex families
  • Guidance on minimum value of employer-sponsored health plans is in new IRS proposed regs

Pension Plan Guide News

  • PBGC updates “Finding a Lost Pension” booklet
  • PBGC withdraws two opinion letters
  • Judge orders fiduciary to restore more than $19,000 to 401(k) plan participants’ accounts

Employee Benefits Management News

ERIC urges greater flexibility and clarity for ACA out-of-pocket rules

The ERISA Industry Committee (ERIC) has written to the Departments of Health and Human Services, Labor, and Treasury urging the agencies to provide greater flexibility and clarity with respect to the out-of-pocket rules under the Patient Protection and Affordable Care Act (ACA). For details, see ¶2066W.

(Read Intelliconnect) »

Regulations won’t be issued on ACA’s provider non-discrimination, clinical trials provisions, according to EBSA FAQs

The Employee Benefits Security Administration (EBSA) (in conjunction with the Departments of Health and Human Services (HHS) and the Treasury) (Departments) has issued
Affordable Care Act Implementation FAQs Part XV. This set of frequently asked questions (FAQs) address the Affordable Care Act’s (ACA) provisions regarding the annual limit waiver, provider non-discrimination, coverage for individuals participating in approved clinical trials, and transparency reporting. For details, see ¶2066X.

(Read Intelliconnect) »

Democrats introduce measure in both House, Senate to extend FMLA rights to same-sex families

Rep. Carolyn B. Maloney (D-NY) and Sen. Richard Durbin (D-Ill) reintroduced the Family and Medical Leave Inclusion Act (S. 846) on Thursday, April 25, a measure that would allow employees to take unpaid leave to care for a same-sex spouse or partner, parent-in-law, adult child, sibling, grandchild or grandparent. For more information, see ¶2066Y.

(Read Intelliconnect) »

Guidance on minimum value of employer-sponsored health plans is in new IRS proposed regs

The Internal Revenue Service has issued proposed regulations on determining whether health coverage under an eligible employer-sponsored plan provides a minimum value (MV), as required under the Patient Protection and Affordable Care Act (ACA). For more information, see ¶2066Z.

(Read Intelliconnect) »

Pension Plan Guide News

PBGC updates “Finding a Lost Pension” booklet

The PBGC has released an update of “Finding a Lost Pension,” a guide for people who think they have a pension, but who cannot find their pension plan or former employer to begin receiving their benefits. For more information, see ¶120P.

(Read Intelliconnect) »

PBGC withdraws two opinion letters

The PBGC has announced the withdrawal of opinion letters 77-172 and 85-19. For more information, see ¶120M.

(Read Intelliconnect) »

Judge orders fiduciary to restore more than $19,000 to 401(k) plan participants’ accounts

A district court judge has ordered a fiduciary to restore more than $19,000 to Jomar Building Co. Inc., employee benefit plans (401(k) plan and benefit plan) in Detroit. For more information, see ¶120S.

(Read Intelliconnect) »