October 13, 1998

Labor Department Obtains Judgment Against Trustee Of Hempstead, New York, Pension Plan

Archived News Release — Caution: Information may be out of date.

The U. S. Department of Labor has obtained a consent judgment against the trustee of a pension and health plan of a Hempstead, New York community service organization for mismanaging plan assets

October 13, 1998

Brownsville, Tex., Trustees Ordered To Repay More Than $87,000 To 401(K) Plan For Federal Pension Law Violations

Archived News Release — Caution: Information may be out of date.

The U.S. Department of Labor has obtained a consent order and judgment requiring three corporations and three trustees of the Nomali, Inc. Employees 401(k) plan in Brownsville, Tex., to repay $87,318.00 to its plan participants and beneficiaries for failure to charge the full market value on rental property and land that they authorized the plan to lease.

October 9, 1998

Computer Firms Win Government Contracts To Develop A System To Process Annual Report Filings

Archived News Release — Caution: Information may be out of date.

The U.S. Department of Labor’s Pension and Welfare Benefits Administration (PWBA) has awarded two contracts to national computer firms to competitively develop its new Employee Retirement Income Security Act (ERISA) Filing Acceptance System -- known as EFAST.

October 7, 1998

Arlington Heights, Ill., Service Provider To Make Restitution Of More Than $14,000 To Pension Plans

Archived News Release — Caution: Information may be out of date.

The U. S. Department of Labor has obtained a consent order and judgment that requires Richard May of Arlington Heights, Ill., to pay more than $14,000 to nine employee benefit plans and permanently bars him from servicing any employee benefit plan governed by federal pension law, except where he is a participant in the ERISA-covered plans of his employer.

October 7, 1998

Albuquerque Firm And President Make Restitution To 401(K) Plan

Archived News Release — Caution: Information may be out of date.

Miletus Associates Inc. of Albuquerque, N.M. and its president agreed to fully reimburse the company’s 401(k) plan for all losses under a consent order obtained by the U. S. Department of Labor.

October 1, 1998

News Release Archive: ESA Press Release: United Technologies Receives Highest Honor for Affirmative Action Efforts; Labor Department Recognizes Nine Others for Outstanding Affirmative Action Efforts

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: United Technologies Receives Highest Honor for Affirmative Action Efforts; Labor Department Recognizes Nine Others for Outstanding Affirmative Action Efforts [10/01/1998]

September 30, 1998

News Release Archive: ESA Press Release: R.R. Donnelley Agrees to $425,000 Settlement to Resolve Wage Disparities Within its Professional and Management Staff

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: R.R. Donnelley Agrees to $425,000 Settlement to Resolve Wage Disparities Within its Professional and Management Staff [09/30/1998]

September 23, 1998

Dallas Businessman Indicted For Misappropriating Pension Assets

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

The owner of Dallas-based Programmed for Success today was indicted by a Dallas County grand jury for misappropriating $4,044 in pension contributions owed to the company’s retirement plan.

The company is a computer programming services contractor which sponsored a salary reduction simplified employee pension plan (SARSEP). The SARSEP is governed by the Employee Retirement Income Security Act (ERISA).

September 22, 1998

Labor Department Convenes Advisory Committee On Negotiated Rulemaking Under ERISA 3(40)

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

The U. S. Department of Labor today announced appointment of the members of the newly created Negotiated Rulemaking Advisory Committee. The advisory committee was created by the department’s Pension and Welfare Benefits Administration (PWBA) to develop a proposed rule that would establish criteria and a process for determining when an employee benefit plan is established or maintained under a collective bargaining agreement.

September 18, 1998

News Release Archive: ESA Press Release: Colorado Meatpacker Fined Nearly $1.3 Million for Repeated Violations of Federal Overtime Law

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: Colorado Meatpacker Fined Nearly $1.3 Million for Repeated Violations of Federal Overtime Law [09/18/1998]

September 9, 1998

EBSA Press Release: Labor Department Proposes New Regulation to Give Patients Faster Answers and More Information from Their Health Care Plans [09/09/1998]

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

For more information call: (202) 219-8211

The U.S. Department of Labor today announced a new regulation which will ensure patients a timely, fair internal review when they have a grievance against their health plan and an expedited review for urgent claims.

The proposed regulation, published Wednesday in the Federal Register:

September 4, 1998

Former North Carolina Investment Advisor Barred From Serving Employee Benefit Plans

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

The U. S. Department of Labor has obtained a judgment against a former investment advisor for executing speculative securities investments and “churning” of the account of the Bradford Sales Co. employee stock ownership plan (ESOP) located in Charlotte, NC. The defendant George E. Brooks was permanently barred from serving as a plan fiduciary to any employer-sponsored plans under the aegis of the Employee Retirement Income Security Act (ERISA).

September 3, 1998

EBSA Press Release: Labor Secretary Alexis M. Herman Releases Report on Retirement Savings: Americans Need More Education about Saving [09/03/1998]

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

For more information call: (202) 219-8211

Businesses, governments and the media must all work to educate the public about saving for retirement, concludes a report issued today by Labor Secretary Alexis M. Herman. Americans are not saving enough and they need more information to encourage them to do so, according to the report of the first National Summit on Retirement Savings, which was held June 4 - 5.

August 21, 1998

Latrobe, Pa. Trustees Sued Over Misuse Of Pension Assets

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

August 12, 1998

News Release Archive: ESA Press Release: Labor Department Launches Education Campaign on Worker Rights and Child Safety on Farms and in Fields

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: Labor Department Launches Education Campaign on Worker Rights and Child Safety on Farms and in Fields [08/12/1998]

August 6, 1998

Court Freezes Assets Of California Health Program

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

The U. S. Department of Labor has obtained a temporary restraining order freezing the assets of Novato, California-based Interstate Services, Inc. (ISI), Thorndyke International, Inc. (TI), and numerous other fiduciaries and service providers to health plans operated by ISI after more than $ 1 million in health benefit assets were diverted to them and others affiliated with a health care scheme known as The ERISA Advantage program.

July 31, 1998

News Release Archive: ESA Press Release: U.S. Labor Department Releases Quarterly Garment Enforcement Report

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: U.S. Labor Department Releases Quarterly Garment Enforcement Report [07/31/1998]

July 24, 1998

News Release Archive: ESA Press Release: U.S. Labor Department Finds 4-year-old among 12 Underage Children Working in Arizona Onion Fields

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: U.S. Labor Department Finds 4-year-old among 12 Underage Children Working in Arizona Onion Fields [07/24/1998]

July 23, 1998

News Release Archive: ESA Press Release: Pepsi-Cola to Pay $106,691 as Part of Agreement with U.S. Labor Department to Resolve Discrimination Allegations

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: Pepsi-Cola to Pay $106,691 as Part of Agreement with U.S. Labor Department to Resolve Discrimination Allegations [07/23/1998]

July 23, 1998

EBSA Press Release: Labor Department Re-Affirms Warning to Employee Benefit Plan Administrators about Year 2000 Software Problems [07/23/1998]

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

For more information call: (202) 219-8921

The U.S. Department of Labor's Pension and Welfare Benefits Administration (PWBA) today re-affirmed the need for employee benefit plan administrators and service providers to act to protect workers' benefits against the looming year 2000 (Y2K) software problem.