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Employee Inquiry Is Key to Employer's Fiduciary Disclosure Obligation, Court Rules
Thompson Publishing Group
Sept. 14, 2000 "An employer is required to provide 'complete and truthful information' about potential plan changes if a plan participant inquires about these changes, but the employer is not required to volunteer this information prior to final adoption of new provisions, according to a recent ruling by the full 9th U.S. Circuit Court of Appeals. The case is Bins v. Exxon Company U.S.A." MORE >> |
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