Quantcast

Tag Archives: cash balance pension plan

ERISA

Does a U.S. District Court have the authority to require employees’ prior benefit provisions to be reinstated after finding that the employer violated the advance notice of reduction requirement of ERISA? Does the court have the authority to require at least “comparable” future benefits to be provided based on a finding that participants were promised “comparable” or “larger” future retirement benefits?

Read More »

Justices to hear ERISA case

Does a U.S. District Court have the authority to require employees’ prior benefit provisions to be reinstated after finding that the employer violated the advance notice of reduction requirement of ERISA? And does the court have the authority to require at least “comparable” future benefits to be provided based on a finding that participants were promised “comparable” or “larger” future retirement benefits? The U.S. Supreme Court has agreed to answer these questions.

Read More »