AimPoint Pension
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Compass
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Venue Selection Clause in Retirement Plan is Enforceable in the Sixth Circuit
Practical Law Company Oct. 21, 2014 "Although a majority of the courts that have considered the issue have found venue selection clauses in an ERISA-governed plan to be enforceable, the Sixth Circuit is the first circuit court to consider the issue. Plan administrators should keep this in mind as they consider whether to add a venue selection clause to a plan. A venue selection clause may enable the plan to have a single body of law applied to the plan, creating legal consistency and administrative ease for the plan administrator." [Smith v. Aegon Companies Pension Plan, No. 13-5492 (6th Cir. Oct. 14, 2014)] |
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