New York City District Council of Carpenters Benefit Funds
|
Retirement Planners and Administrators (RPA)
|
Fringe Benefit Group
|
TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
|
Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
|
Great Lakes Pension Associates, Inc.
|
Senior Specialist 401k Recordkeeping T Bank N.A.
|
Pollard & Associates
|
Retirement Solutions Specialists
|
Defined Contribution Account Manager Nova 401(k) Associates
|
Greenline Wealth Management
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Sixth Circuit Upholds Pension Plan's Right to Stand by Employee's Choice of Benefit Calculation
HR Daily Advisor Sept. 11, 2013
"[The court stated] that their primary job was not to determine whether the pension participant ... affirmatively elected to have his pension calculated under the 'Account Balance' method -- or passively elected to use the default 'Final Average Pay' method by doing nothing. Instead, the 6th Circuit judges said they simply needed to determine whether the benefits committee acted 'arbitrarily and capriciously' in determining that [the participant] elected to use the so-called AB I method. They ruled that the committee did not, affirming an earlier decision in favor of the plan sponsor[.]" [Durbin v. Columbia Energy Group Pension Plan, No. 12-3910 (6th Cir. April 17, 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). |