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1997 Newsroom Archive

Archived News Release — Caution: Information may be out of date.

The information in these news releases will be made available in alternate format upon request (large print, Braille, audio tape or disc). Please specify which news release when placing your request. Call 202-693-7828 (TTY 202-693-7755).

November

  • Amendment of ERISA Plan Asset Rules Provides Guidance for Simple Plans Involving IRAs [11/25/1997]
  • Department of Labor Promotes Retirement Savings through SAVER Act [11/24/1997]
  • Labor Secretary Alexis Herman Calls for Hearings on 401(K) Fees [11/10/1997]

October

  • Labor Secretary Alexis M. Herman Stresses the Importance of Retirement Savings [10/28/1997]
  • ERISA Advisory Council to Hold Public Meetings in November [10/23/1997]
  • Labor Department Reopens Nomination Period for Employee Benefits Advisory Council [10/17/1997]
  • Labor Department Seeks Public Comment on 401(k) Plan Fees at November Hearing [10/16/1997]
  • Labor Department Extends Nomination Period for Employee Benefits Advisory Council [10/01/1997]

September

  • ERISA Advisory Council to Hold Public Meetings in October [09/25/1997]
  • Labor Department Settles Lawsuit Against California Company Over Unpaid Health Claims [09/24/1997]
  • Philadelphia Plan Trustee is Sentenced to Six Months for Embezzlement [09/23/1997]
  • Labor Department Requests Information On Notice Provision of Cobra Coverage [09/23/1997]
  • Laborer's Fund Administrator Pleads Guilty to Pension Fraud [09/09/1997]

August

  • ERISA Advisory Council to Hold Public Meetings in September [08/22/1997]
  • Pension Agency Names Director of Enforcement [08/19/1997]
  • New Law Eliminates Certain Employee Benefit Plan Filing Requirements [08/08/1997]
  • Labor Department Exemption Saves Employees Plans' Fees On Plan Investments [08/08/1997]
  • U.S. Department of Labor to Fill Five Vacancies on ERISA Advisory Council [08/04/1997]

July

  • Ohio Trustees Ordered to Restore More Than $100,000 to Profit Sharing Plan for Failure to Diversity Plan Assets [07/31/1997]
  • Labor Department Issues Guide to Clarify Division of Pension Assets Through Domestic Relations Orders [07/30/1997]
  • Labor Secretary Herman Supports New Legislation to Protect Pensions [07/29/1997]

May

  • ERISA Advisory Council to Hold Public Meetings in June [05/27/1997]
  • Labor Department, IRS Extended Filing Time for Annual Reports Due to Severe Weather in Minnesota, Dakotas [05/20/1997]
  • Labor Department Co-Hosts Third Annual Outreach Program [05/14/1997]
  • New York Carpenters' Plan to Receive Over $50 Million [05/06/1997]

April

  • Sacramento Auto Dealers Association Pays $642,000 to Resolve Health Benefit Claims [04/28/1997]
  • Austell, Georgia Women Indicted on Health Benefit Fraud [04/24/1997]
  • ERISA Advisory Council to Hold Public Meetings in May [04/23/1997]
  • Labor Department Invites Comments on Proposal to Raise Penalities Under ERISA [04/21/1997]
  • North Oakland Radiology Company, Principal Sued for Prohibited Loans made from 401(k) Pension Plan [04/17/1997]
  • Mid-Cities Association for Retarded Children Benefit Plan Suffers Losses from Violations of Federal Pension Law [04/11/1997]
  • Alexandria Pension Fund Officials to Repay More Than $500,000 for Improper Investments [04/08/1997]
  • Federal Rules Give Americans Greater Rights and Protections for Health Benefits [04/01/1997]

March

  • Labor Department Recovers $22 Million for 401k Plans and Begins Hotline for Workers [03/31/1997]
  • Amendment of ERISA Plan Asset Rules to Provide Guidance for Simple Plans Involving IRAs [03/27/1997]
  • ERISA Advisory Council to Hold Public Meetings In April [03/18/1997]
  • Labor Department Seeks Comment on Proposed Non-Enforcement Policy for Annual Reporting by Multiemployer Welfare Plans [03/13/1997]
  • Labor Department, Internal Revenue Service Extend Filing time for Annual Reports Due to Severe Weather in Midwest and South [03/12/1997]
  • Labor Department Cautions Financial Firms to Stop Using Employee Benefit Plans in Negotiating Corporate Sales [03/07/1997]
  • Ohio Plan Officials Ordered to Restore More Than $65,000 to Employee Benefit Plans [03/05/1997]
  • Painters Official Sentenced for Embezzling Welfare Funds [03/04/1997]

February

  • Labor Department Lawsuit On Behalf of Workers to Reclaim as Much as $5 Million Siphoned from Health Funds [02/26/1997]
  • ERISA Advisory Council to Set 1997 Agenda [02/07/1997]
  • Labor Department Proposes Class Exemption for Plan Foreign Exchange Transactions [02/04/1997]

January

Archived News Release — Caution: Information may be out of date.