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Supreme Court Speaks on the Remedies for Benefits Description Mistakes
McDermott Will & Emery
[Guidance Overview] May 23, 2011
In a move that will gratify plan sponsors, administrators and fiduciaries, the Supreme Court ... concluded that plan summaries, including summary plan descriptions and summaries of plan modifications, do not constitute plan terms.... The authors recently hosted a 25-minute teleconference addressing this Supreme Court decision [the link to which is on the target web page].
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