Pension & Benefits Reporter Index-Summary

ILLINOIS

– Firefighters, Franklin Park liability insurer has no duty to defend village against underfunding claims (7th Cir.), 992
– Genetic privacy bill approved, 1289
– State and local government plans

– – Pension obligation bonds proposed by governor, 458
– – Underfunding reported, 660

INDIVIDUAL RETIREMENT ACCOUNTS (IRAs)

– Bankruptcy

See BANKRUPTCY

– California

– – CalPERS access approved by Assembly, 1277
– – Taxpayers told to use correction instruction for deduction, 852

– Early withdrawal, tax penalty upheld (T.C.), 685
– Exemption extension

See LEGISLATION, FEDERAL, HR 3596, HR 4086, S 1419

– Expansion, CRS reports, 663
– Fact sheet updated by CRS, In Brief, 1072
– Growth due to rollovers reported, 1113
– HSAs, IRS issues notice on distributions from IRAs, 1284
– Loss on sale of stock by individual, IRS issued ruling, 9
– Most assets held by persons 55 or older, study reports, 659
– Oversight, GAO reports, 1270
– Small business incentives

See LEGISLATION, FEDERAL, HR 5160

– Stimulus payment withdrawals permitted by IRS, 1014
– Traditional and Roth IRAs described by CRS, In Brief, 1072

INTEREST RATES

– Applicable federal rates, IRS Rev. Rules., Feb. 2008, 315; Mar. 2008, 495; May 2008, 951; Jun. 2008, 1192; 1259; July 2008, 1485; 1525
– Lump sum distributions, employers and employees urged to consider interest rates, 707
– PBGC variable rate premiums, 214; 439; 639; 950; 1168; 1466

– – Changes, final rule, Analysis & Perspective, 812

– Tax underpayments and overpayments, 1276
– Weighted average interest rate, 109; 174; 341; 386; 556; 591; 760; 826; 1069; 1394; 1467

INTERNAL REVENUE SERVICE (IRS)

– Advisory panel to meet, 1209
– Budget

– – House approves, In Brief, 1490
– – Legislation

See LEGISLATION, FEDERAL, HR 2764

– Commissioner

– – Nominee's hearing scheduled, In Brief, 231; Senate panel approves, 557; confirmed, 608
– – Term

See LEGISLATION, FEDERAL, S 2436

– Outlook 2008, 161
– PBGC will no longer publish, 181
– Procedures for guidance undated by IRS, 71
– Review of document sought, 458

INTERNATIONAL DEVELOPMENTS

– Defined contribution plans, challenges outlined, 845
– Managing pensions industry, international groups agree on new guidelines, 1071; industry practitioners respond, 1198
– Specific countries

See specific countries

– Taxation, pervasive and growing expenditures reported in many countries, 889

INTERNET

– Best practices, benefit statements, and multiemployer plan professional services expenses, final reports posted at Labor Dep't web site, 1067
– JCT web address, In Brief, 1282
– Labor Dep't online retirement resource, In Brief, 460

INVESTMENT ADVISERS

– Colo. teachers, adviser convicted of bilking pension plan (Colo. Dist. Ct.), 144
– Compliance costs growing, 23
– Disclosure rules, SEC considers revising, 345
– ERISA, advisor engaged in fraud, individual participant may sue trustee for fiduciary breach (6th Cir.), 304
– Fees, 2 percent floor on miscellaneous itemized deductions applies (U.S.), 337; bundle fiduciary fees, IRS offers guidance, 501; Special Report, 927
– Hedge funds

See HEDGE FUNDS

– Mutual funds

See MUTUAL FUNDS

INVESTMENTS

– AFL-CIO chief says environment and energy goals should guide fund investments, 452
– Alternative investments

– – Described at conference, 837
– – Transparency, FASB proposes more, 404
– – Valuation, Labor Dep't reviewing, 1190

– Climate change, fund leaders and managers say investments should consider, 453
– Company stock

See FIDUCIARY DUTY

– Diversified investments, PBGC announces new policy, 447; Special Report, 539; CBO comments, 959
– Downey Financial sued over subprime mortgages (C.D. Cal.), 1250
– 401(k) plans

See 401(k) PLANS

– Hedge funds

See HEDGE FUNDS

– Mutual funds

See MUTUAL FUNDS

– Policy advice sought from SEC staff, 106
– Protecting seniors

See LEGISLATION, FEDERAL, S 2794

– Stock

See SECURITIES

– Wachovia accused by CalPERS and others of fraud in sale of senior subordinated notes (Cal. Super. Ct.), 1050

IOWA

– State and local government plans, collective bargaining bill vetoed, 1118