March 5, 1997

Ohio Plan Officials Ordered to Restore More than $65,000 to Employee Benefit Plans

Archived News Release — Caution: Information may be out of date.

Contact Name: Joseph Menez
Phone Number: 606.578.4680

The trustees of both the profit sharing and the defined benefit pension plan for Equity Planning Corporation in Beachwood, Ohio, were ordered to restore to both plans a total of $65,754 in a consent order and judgment obtained today by the U.S. Department of Labor.

March 4, 1997

Painters Official Sentenced for Embezzling Welfare Funds

Archived News Release — Caution: Information may be out of date.

Contact Name: Gloria Della
Phone Number: 202.219.8921

A Grand Rapids, Mich. court ordered the former welfare plan trustee of Local 312 of the Painters and Allied Trades Joint Apprenticeship Fund in Kalamazoo, Mich. to make restitution and sentenced him to four months of house arrest, three years of probation and 120 hours of community service.

February 26, 1997

EBSA Press Release: Labor Department Expands Lawsuit On Behalf Of Workers To Reclaim As Much As $5 Million Siphoned From Health Funds [02/26/1997]

Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8921

The Labor Department announced today it will pursue additional charges against managers of Chicago-based group health and welfare funds who allegedly used assets to pay expenses for cell phones and health club memberships while as much as $5 million in health and welfare benefits went unpaid for some 3,000 workers.

February 7, 1997

EBSA Press Release: ERISA Advisory Council To Set 1997 Agenda [02/07/1997]

Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8921

The Advisory Council on Employee Welfare and Pension Benefit Plans will hold its first public meeting of 1997 on Thursday, March 6, at the U.S. Department of Labor's Frances Perkins Building. The session will begin at 1:00 p.m. in the Secretary of Labor's Conference Room, S2508.

February 4, 1997

EBSA Press Release: Labor Department Proposes Class Exemption For Plan Foreign Exchange Transactions [02/04/1997]

Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8921

The U. S. Labor Department today proposed broadening a class exemption for purchases and sales of foreign currencies between employee benefit plans and banks or broker-dealers.

January 23, 1997

Chairs Named for ERISA Advisory Council

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

Contact Name: Sharon Morrissey
Phone Number: 202.219.8921

Acting Secretary of Labor Cynthia Metzler today named Joyce A. Mader of Washington, D.C.,as the chairman of the Advisory Council on Employee Welfare and Pension Benefit Plans. Also named as vice chair of the Council was Carl S. Feen of New Haven, Conn.

December 31, 1996

EBSA Press Release: Five New Members Named to ERISA Advisory Council [12/31/1996]

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

December 18, 1996

EBSA Press Release: Labor Department addresses new Health Care Legislation overing millions of workers [12/18/1996]

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

For more information call: (202) 219-8921
 

A reference guide to help employees and employers understand the effects of recent legislative changes on health plans is being issued by the U.S. Department of Labor.

November 14, 1996

EBSA Press Release: Labor Department Proposal Allows Conversion Of Plan Investments To Mutual Funds [11/14/1996]

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

For more information call: (202) 219-8921

October 15, 1996

EBSA Press Release: Millions of Workers Affected By Changes in Health Care Coverage [10/15/1996]

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

October 15, 1996

EBSA Press Release: ERISA Advisory Council to Hold Public Meetings in November [10/15/1996]

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

October 3, 1996

EBSA Press Release: Labor Department Announces Consumer Booklet to Monitor Pension Plan Operations [10/03/1996]

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

September 27, 1996

EBSA Press Release: Labor Department Extends Announcement For Nominees To Employee Benefits Advisory Council [09/27/1996]

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

August 27, 1996

EBSA Press Release: Terms of Five Advisory Council Members to Expire [08/27/1996]

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

August 27, 1996

EBSA Press Release: ERISA Advisory Council to Hold Public Meetings In September [08/27/1996]

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

August 8, 1996

EBSA Press Release: Derivative Investments Cause of Plumbers Plan Losses Says Labor Department Lawsuit [08/08/1996]

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

August 5, 1996

EBSA Press Release: Multiple Employer Welfare Officials Sued for Siphoning $2.3 Million in Plan Funds [08/05/1996]

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

August 2, 1996

EBSA Press Release: Labor Department Extends Grace Period for Employers to Pay Back Extensions [08/02/1996]

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