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Retired executives win reinstatement of terminated SERP benefits

USA - May 30 2014 Three retired executives of Bausch & Lomb Inc. have won a district court battle to reinstate their supplemental executive retirement plan (SERP)...

Peter K. Bradley, Anita Costello Greer, Richard W. Kaiser, Arthur A. Marrapese III, Ryan M. Murphy.

DOL proposes rules on 401(k) fee disclosure by service providers

USA - May 30 2014 Beginning in 2012, plan service providers, brokers, and recordkeepers were required to disclose information regarding certain fees they receive to...

Peter K. Bradley, Anita Costello Greer, Richard W. Kaiser, Arthur A. Marrapese III, Ryan M. Murphy.

Annual withdrawal liability payments calculated at highest contribution rate for all groups, excludes surcharge

USA - May 30 2014 Woodbridge Logistics, LLC was a contributing employer to a multiemployer pension fund prior to its withdrawal from the fund in February 2011...

Peter K. Bradley, Anita Costello Greer, Richard W. Kaiser, Arthur A. Marrapese III, Ryan M. Murphy.

Unilateral modification of collectively bargained retiree medical benefits leads to litigation

USA - May 30 2014 The increasing and unpredictable costs of retiree medical benefits pose a significant threat to the financial health of employers who sponsor these...

Peter K. Bradley, Anita Costello Greer, Richard W. Kaiser, Arthur A. Marrapese III, Ryan M. Murphy.

Long legal journey of case defining meaning of partial termination may have come to a close

USA - May 30 2014 After 18 years, the district court in the District of Illinois ruled that a partial termination of a 401(k) plan did not occur. Household...

Peter K. Bradley, Anita Costello Greer, Richard W. Kaiser, Arthur A. Marrapese III, Ryan M. Murphy.