Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Regional Sales Director (West)

July Business Services
(CA)

July Business Services logo

Senior Specialist 401k Recordkeeping

T Bank N.A.
(Dallas TX)

T Bank N.A. logo

Retirement Plan Administrator

Retirement Solutions Specialists
(Remote / Jacksonville FL / Hybrid)

Retirement Solutions Specialists logo

Retirement Account Manager

Fringe Benefit Group
(Remote / Austin TX)

Fringe Benefit Group logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

TPA Retirement Plan Consultant

EPIC RPS (TPA/DPS)
(Remote)

EPIC RPS (TPA/DPS) logo

Retirement Plan Consultant

July Business Services
(Remote)

July Business Services logo

Defined Contributions Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D. Stark Company (LDSCO) logo

Compliance Officer

New York City District Council of Carpenters Benefit Funds
(New York NY)

New York City District Council of Carpenters Benefit Funds logo

Client Service Manager

July Business Services
(Remote)

July Business Services logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Why DB Plan Participants Can't Sue Actuaries
Reinhart Boerner Van Deuren s.c. Link to more items from this source
Sept. 4, 2013

"A recent decision involving a suit over investment actions of a defined benefit plan illustrates one of the reasons why participants in a DB plan cannot sue plan actuaries for mistakes -- the participants have almost never been damaged. DB plan participants have a right to a fixed set of benefits, and how well the plan does on its investments or meeting its actuarial assumptions does not increase or decrease that set of benefits[.]" [Palmason v. Weyerhauser, No. C11-0695RSL (W.D. Wa. Aug. 23, 2013)]

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).
© 2024 BenefitsLink.com, Inc.