Loan & Distribution Specialist AimPoint Pension
|
Compass
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Bates & Company, Inc.
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Ninth Circuit Rejects Attempt to Find Elapsed-Time Service Method Illegal Under ERISA (PDF)
U.S. Court of Appeals for the Ninth Circuit, via FindLaw [Opinion] Feb. 3, 2004 19 pages. Excerpt: The employees argue that the elapsed-time regulation violates the minimum standard, the vesting, and the benefit accrual provisions of ERISA because it fails to require the counting of hours of service.... Other courts have addressed the question ... We agree with the Second Circuit[,] the Seventh Circuit[,] and the Eighth Circuit ... and hold that the elapsed-time regulation does not violate ERISA. [Johnson v. Buckley, No. 02-17094 (9th Cir. Jan. 28, 2004)] |
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). |