In this episode of the Proskauer Benefits Brief, partner Paul Hamburger, and associate Katrina McCann discuss some of the interesting and unique issues that apply when employees covered by defined benefit pension plans work beyond their normal retirement age. Once the retiree reaches age 65, suspension of benefit rules need to be considered as they are essentially vested rules designed to prevent an impermissible forfeiture of the age of 65 pension. Plan sponsors should tune is as we discuss these suspension of benefit rules, which are often misunderstood and are quite complicated.
Podcast and transcript available at the link.
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