Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Plaintiffs' Misdirected Demand for Documents Fails, Claim for ERISA Civil Penalties Is Dismissed
Williams Mullen Sept. 18, 2015 "The court noted that the purpose of the civil penalty under section 502(c) 'is not to compensate participants for injuries but to punish noncompliance with ERISA.' The statute sets out important disclosure requirements, among them the obligation of the plan administrator, upon written request from any participant or beneficiary, to furnish a copy of the latest [documents] ... [T]he Boyd plaintiffs did not ask the correct entity for the documents. Sysco was the plan administrator of the plan, UBH was the claims administrator for the mental health benefits, and nothing in the plan defined the 'plan administrator' as the 'claims administrator.' " [Boyd v. Sysco Corp., No. 4:13-cv-00599 (D.S.C. Sept. 3, 2015)] |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |