ERISA25 Posted May 24, 2010 Posted May 24, 2010 Has anyone come across any private letter rulings, or are there any cases, or regulations discussing on what basis an administrator may reject a beneficiary designation form? For example, if the participant indicated that both primary beneficiaries should receive 100% of the benefit or if the total designation exceed 100% on the benef designation form. My thought is that it is ambiguous and the plan document would control. See Metropolitan Life Insurance Company v. Parker, 436 F.2d 1109 (9th Cir. 2006).
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now