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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Rhode Island Labor Union and Employee Benefit Plan's Board of Trustees Agree to Restore Nearly $250,000 to Plan as Result of DOL Lawsuit
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] Aug. 26, 1999 "The suit alleged that the trustees and directors attended out of state conferences and authorized payment with plan assets of travel stipends to themselves without any consideration of the actual expenses and without any accounting or receipts for same. The suit also alleged that the trustees caused or permitted the plan to rent office space in the Local Union No. 99 union hall without a valid lease, and to pay rent in excess of reasonable compensation for the space." [DOL press release, Aug. 25, 1999] |
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