Reorganization Plan No. 4 of 1978: Hearing Before the Committee on Governmental Affairs, United States Senate, Ninty-fifth Congress, Second Session ... September 7, 1978 |
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Page 8
... partment , authority to prescribe regulations defining an hour of service is assigned exclusively to the Labor Department.10 The minimum age and service standards are tax - qualification standards for plans ; ac- 8 Under pre - ERISA law ...
... partment , authority to prescribe regulations defining an hour of service is assigned exclusively to the Labor Department.10 The minimum age and service standards are tax - qualification standards for plans ; ac- 8 Under pre - ERISA law ...
Page 35
... partment lay down a regulation that every decision must come down in 6 months . It is outrageous any other way . I was one of the main authors of this law , as you know . It makes me cringe when nonsense like this mucks it up . Why ...
... partment lay down a regulation that every decision must come down in 6 months . It is outrageous any other way . I was one of the main authors of this law , as you know . It makes me cringe when nonsense like this mucks it up . Why ...
Page 40
... partment of the Treasury according to the expertise of each Department in certain areas of regulation and enforcement . The plan has the following basic provisions : It transfers to the Treasury Department most responsibilities for ...
... partment of the Treasury according to the expertise of each Department in certain areas of regulation and enforcement . The plan has the following basic provisions : It transfers to the Treasury Department most responsibilities for ...
Page 43
... partment of Labor . The efforts to develop joint actions , closer coordination has been underway for some time in both Departments and fairly recently re- sulted in major improvement . Let me ask Mr. Lanoff and Mr. Halperin to comment ...
... partment of Labor . The efforts to develop joint actions , closer coordination has been underway for some time in both Departments and fairly recently re- sulted in major improvement . Let me ask Mr. Lanoff and Mr. Halperin to comment ...
Page 44
... partment time to correct a violation so there won't be tax penalties , because tax penalties penalize the workers and should not be imposed if compliance through Labor Department action can be obtained . And I think that should be the ...
... partment time to correct a violation so there won't be tax penalties , because tax penalties penalize the workers and should not be imposed if compliance through Labor Department action can be obtained . And I think that should be the ...
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Common terms and phrases
action administration of ERISA AFL-CIO age and service agencies amended apply assets authority to prescribe Benefit Guaranty Corporation bill BLAYDON Chairman RIBICOFF Code collectively bargained plans Committee compliance Congress coordinated Department of Labor dual jurisdiction eliminate employee benefit plans enforcement ERISA sec ESOP excise tax Federal fiduciary filing funding standards Halperin Income Security Act individual retirement account Internal Revenue Code Internal Revenue Service issue Labor and Treasury Labor Department LANOFF ment million hours minimum standards nontax provisions participants and beneficiaries partment PBGC Pension Benefit Guaranty pension plans plan or trust plan participants pre-ERISA prescribe regulations problems processing prohibited self-dealing prohibited transactions provisions of ERISA qualified pension qualified plan reduce Reorganization Plan reorganization proposal reporting requirements Retirement Income Security Secretary of Labor Section self-dealing standards Senator Bentsen Senator JAVITS standards of ERISA sum distribution summary plan description tax penalties tax-qualified tion transferred Treasury Department U.S. SENATOR vesting standards violations WELLFORD