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Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Third Circuit Extends Protection to Non-Vested Retiree Benefits (PDF)
Groom Law Group [Guidance Overview] July 20, 2010 2 pages. Excerpt: On July 13, 2010, the United States Court of Appeals for the Third Circuit held that section 1114 of title 11 of the United States Code applies to all retiree benefits, even those that the plan sponsor could have terminated outside of bankruptcy. In In re Visteon Corp., et al., the Third Circuit broke with the conclusion reached by most courts that have addressed the issue. |
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