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GE Sued for Moving to DC Model for Retiree Health Care
PLANSPONSOR; free registration may be required Link to more items from this source
Nov. 3, 2014
"The lawsuit claims GE assumed a fiduciary duty not to exercise or abuse its discretion to terminate the plans except for a serious and good faith reason of the kind set forth in the SPD. The lawsuit asks the court to preliminarily enjoin GE from terminating the plans, unless and until GE can demonstrate some serious and good faith reason to justify its action." [Kauffman v. General Electric Co., No. 14-cv-1358 (E.D. Wis., filed Oct. 28, 2014)]

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