News Releases

A now-defunct Franklin, Tenn., company and its corporate president have agreed to pay the company’s 401(k) plan $38,0390.98, representing employee contributions which were not forwarded to the plan, as settlement of a U.S. Department of Labor lawsuit.

December 29, 2000

Labor Department Sues Erickson Cosmetic Executives For Self Dealing Of Pension Plan Assets And Unpaid Medical Claims

Archived News Release — Caution: Information may be out of date.

The U.S. Department of Labor sued Erickson Cosmetics Company, its former president and controller for self-dealing violations of the federal pension law, which resulted in losses to the pension plan and unpaid medical claims for benefit plan participants and beneficiaries.

The pension plan had 87 participants and assets of $773,097 as of Nov. 30, 2000.

December 27, 2000

Final National Medical Support Notice To Cover More American Children

Archived News Release — Caution: Information may be out of date.

Today the U.S. Department of Labor is issuing final rules that would implement provisions of the Child Support Performance and Incentive Act of 1998 that are intended to help children gain access to coverage under their noncustodial parents' employer-based group health plans. This regulation is effective 30 days from today's publication in The Federal Register, which is Jan. 26, 2001.

December 26, 2000

Home Health Care Found In Civil Contempt Of Labor Department Lawsuit, Official Removed And Independent Trustee Named

Archived News Release — Caution: Information may be out of date.

In a settlement resolving a civil contempt petition filed by the Secretary of Labor in federal district court in Vicksburg, Miss., Larry Lefoldt of Lefoldt & Associates of Jackson, Miss., was named as a substitute independent trustee to take control of and manage two pension plans of the Vicksburg-based Home Care Services, Inc. and its subsidiaries.

December 20, 2000

Senate Confirms Leslie B. Kramerich To Assistant Secretary Post

Archived News Release — Caution: Information may be out of date.

The U. S. Senate has confirmed Leslie B. Kramerich to the post of assistant secretary of labor for the Pension and Welfare Benefits Administration. Kramerich had been acting assistant secretary since last December.

Secretary of Labor Alexis M. Herman said Kramerich “is a strong leader in our efforts to protect the retirement and health benefits of millions of Americans.”

December 19, 2000

Labor Department Unveils New Health Benefit Tools For Consumers And Small Businesses

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

Assistant Secretary of Labor Leslie B. Kramerich today unveiled new information and educational tools to help Americans and small businesses make informed decisions about employment-based health benefits.

December 19, 2000

Labor Department Creates New Outreach And Communications Office

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

The U. S. Department of Labor's Pension and Welfare Benefits Administration today announced creation of the Office of Participant Assistance and Communications to handle broad-based outreach and assistance for the millions of workers covered by private-sector pension and health benefit plans.

December 15, 2000

Kentucky Plan Trustee Ordered To Pay More Than $1 Million In Restitution To ESOP And Retirement Plan

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