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Disclaimer language for SPD


Guest cranksmith

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Guest cranksmith
Posted

Looking for "boiler plate" disclaimer language to put into a summary plan description indicating if there is a discrepancy in information, the master plan document will be considered correct.

Posted

Probably unenforceable, though, and arguably a breach of fiduciary duty on the part of the plan administrator to say so ...

On the other hand, if the disclaimer says that in the event of an ambiguity (not a conflict) the document controls, and that the terms of the document provide additional qualifying details that supplement the rules summarized in the booklet, then I don't think it's overreaching.

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