January 11, 2000

Atlanta Trustee To Repay More Than $175,000 To Employee Stock Plan

Archived News Release — Caution: Information may be out of date.

January 5, 2000

Labor Department Sues Detroit And Vicinity Carpenters' Pension Fund For Prohibited Mortgage Loans

Archived News Release — Caution: Information may be out of date.

January 5, 2000

Labor Department Final Rule To Protect Plan Investments In Insurance Products

Archived News Release — Caution: Information may be out of date.

January 4, 2000

Labor Department Files Suit Against Beverly Hills Doctor For Pension Violations

Archived News Release — Caution: Information may be out of date.

January 3, 2000

Former And Current Officials Of Reston, VA Pension Plan Sued By Labor Department For Failing To Forward Contributions

Archived News Release — Caution: Information may be out of date.

December 22, 1999

News Release Archive: ILAB Press Release: United States Provides Record $21.6 MIllion in Grants to Fight International Child Labor; Leads World in Fighting Abusive Practice

Archived News Release — Caution: Information may be out of date.

U.S. DEPARTMENT OF LABOR

Bureau of International Labor Affairs

ILAB Press Release: United States Provides Record $21.6 MIllion in Grants to Fight International Child Labor; Leads World in Fighting Abusive Practices[12/22/1999]

December 21, 1999

Leslie B. Kramerich Assumes Pension Post As Acting Assistant Secretary Of Labor

Archived News Release — Caution: Information may be out of date.

Leslie B. Kramerich has assumed the position of Acting Assistant Secretary of the Labor Department's Pension and Welfare Benefits Administration (PWBA). For the last year, Kramerich has been PWBA's Deputy Assistant Secretary for Policy.

She became Acting Assistant Secretary on Dec. 6 upon resignation of then Assistant Secretary Richard McGahey and will remain in the post until a permanent candidate is appointed.

December 20, 1999

Canoga Park Businessman Sentenced To Prison For Embezzling From Employee Pension Fund

Archived News Release — Caution: Information may be out of date.

December 16, 1999

Department Of Labor Wins More Than $63 Thousand Judgment Against Memphis Company And President For Failure To Remit Plan Money

Archived News Release — Caution: Information may be out of date.

American Technical Institute (ATI) of Memphis, Tenn., and its president, Dr. Dallas Wayne Jones, were ordered to pay $63,554.68 to the institute’s money purchase plan in a judgment won Dec. 1, 1999, by the U.S. Department of Labor.

December 14, 1999

Labor Department Settles Lawsuit Against Florida Trustee For Self Dealing In Violation Of Federal Pension Law

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

December 14, 1999

Labor Department Proposes Exemption For Plans Engaging In Securities Cross-Trades

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

The U. S. Department of Labor today announced a proposed class exemption to allow investment firms to cross-trade securities of employee benefit plan clients with other accounts managed by the firms.

December 7, 1999

Daniel Maguire Appointed To Head New Health Benefit Office

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

The Department of Labor's Pension and Welfare Benefits Administration (PWBA) today announced the appointment of Daniel J. Maguire as director of the newly created Office of Health Plan Standards and Compliance Assistance.

December 1, 1999

News Release Archive: ESA Press Release: National Toy Chain Resolves Child Labor Violations

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: National Toy Chain Resolves Child Labor Violations [12/01/1999]

For more information call: (202) 693-4650

Toys "R" Us will pay a $200,000 fine and check all 706 of its retail outlets for compliance with child labor laws as part of an agreement it has reached with the U.S. Labor Department.

December 1, 1999

Labor Department Proposes Rules to Improve Security Of Small Pension Plan Assets

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

The Labor Department’s Pension and Welfare Benefits Administration today published a notice of proposed rulemaking to improve the security of more than $300 billion in assets held in private-sector pension plans maintained by small businesses.

December 1, 1999

Labor Department Settlement Restores More Than $20 Thousand To Illinois Plan Participants

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

The U.S. Department of Labor has obtained a settlement with officials of the Rolling Meadows, Ill. accounting and auditing firm of Whitfield and Reninger, Ltd., requiring them to restore $20,406 in principal and interest to two profit sharing plan participants and to pay $4,081 in civil monetary penalties.

November 29, 1999

Labor Department Proposes Interest Free Loans And Credit For Plan Y2k Problems

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

The U. S. Department of Labor’s Pension and Welfare Benefits Administration (PWBA) today proposed an amendment to an existing class exemption which would allow plans to receive interest free loans and extensions of credit from related parties to pay for unanticipated Y2K computer problems. Since 1998, PWBA has been providing guidance to the plan community in an effort to help them prepare for their Y2K contingency planning.

November 23, 1999

News Release Archive: ILAB Press Release: Labor Department Provides $6 Million in Grant to Help Eliminate Child Labor in Central American Coffee Industry

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

U.S. DEPARTMENT OF LABOR

Bureau of International Labor Affairs

ILAB Press Release: Labor Department Provides $6 Million in Grant to Help Eliminate Child Labor in Central American Coffee Industry [11/23/1999]

November 23, 1999

Delaware Pension Plan Trustees Sued For Making Over $450,000 In Improper Plan Loans

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

The U. S. Department of Labor has sued the trustees of the John E. Healy & Sons Pension Plan of New Castle, Del. for making over $450,000 in improper loans with plan money.

November 23, 1999

Alabama Company To Pay $9,000 To Its 401(K) Plan Participants

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

The U.S. Labor Department has obtained a partial settlement in its case involving an Anniston, Ala. non-profit corporation’s 401(k) profit sharing plan.

The action will result in $9,000 being recouped for the plan and will resolve a restitution issue concerning employee contributions of $8,331.82 not remitted to the plan for the period of April 30, 1997 to June 30, 1997, as well as interest which would have accrued.

November 18, 1999

Ohio Man Pleads Guilty To Pension Embezzlement

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

An executive of Columbus, Ohio-based Buckeye Technical Services, Inc. pleaded guilty to one count of embezzling $3,241 from the company’s 401(k) plan, according to documents filed in federal court today.