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Employee Inquiry Is Key to Employer's Fiduciary Disclosure Obligation, Court Rules
Thompson Publishing Group Link to more items from this source
Sept. 14, 2000
Excerpt: An employer is required to provide 'complete and truthful information' about potential plan changes if a plan participant inquires about these changes, but the employer is not required to volunteer this information prior to final adoption of new provisions, according to a recent ruling by the full 9th U.S. Circuit Court of Appeals. The case is Bins v. Exxon Company U.S.A.

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