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Results: 11-20 of 259

Plan sponsor allowed to reform plan to correct scrivener’s error

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • October 29 2010

A federal appeals court recently ruled that Verizon Communications should be allowed to reform its cash balance pension plan to fix a scrivener’s error that could have cost Verizon $1.67 billion yes, $1.67 billion

District Court holds that insurer breached fiduciary duty when crediting below market interest to retained asset accounts

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • April 27 2012

Unum Life Insurance Company of America issued group life insurance policies to two employers

‘Full and fair’ ERISA review required for top-hat plan claim

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • February 28 2012

An executive who was denied severance and incentive award benefits after she resigned for “good reason” following a company merger may pursue her claim for benefits under a Massachusetts district court ruling that the plan administrator failed to provide a full and fair review of her claim, as required by the Employee Retirement Income Security Act of 1974 (ERISA

SunTrust stock drop case dismissed

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • November 26 2013

A federal district court recently dismissed a lawsuit brought against the fiduciaries of the SunTrust 401(k) plan for breaches of ERISA fiduciary

Offering retail-class investment fund options can trigger breach of fiduciary duties

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • May 31 2013

The Court of Appeals for the Ninth Circuit recently affirmed the ruling of a federal district court that fiduciaries for a 401(k) plan were

7th Circuit holds ERISA’s anti-retaliation provision covers informal complaints

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • November 29 2012

ERISA Section 510 makes it unlawful to take retaliatory action “against a person because he has given information or has testified or is about to testify in any inquiry or proceeding relating to” ERISA

IRS says plan may not automatically revoke spouse as beneficiary upon legal separation

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • November 26 2013

Some qualified retirement plans, including some retirement plans preapproved by the IRS, contain provisions that automatically revoke a spouse as a

First spouse awarded survivor pension benefits

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • December 20 2013

From November 1978 through December 1991, an employee was covered by a pension fund. He married his first spouse in 1979, and the couple appear to

Retirement annuities: new IRS guidance

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • April 27 2012

There is a growing interest in making annuities available to retirees under defined contribution retirement plans, including 401(k) plans

ERISA governs claim under phantom carried interest plan

  • Hodgson Russ LLP
  • -
  • USA
  • -
  • August 29 2013

Several employees brought an action in state court in Colorado relating to their compensation benefit under a phantom carried interest plan sponsored