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

Featured Jobs

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

ERISA Counsel

Human Interest

Human Interest logo

Retirement Plan Quality Assurance

ERISA Services, Inc.
(Remote / Knoxville TN)

ERISA Services, Inc. logo

Quality Assurance Manager

Nova 401(k) Associates

Nova 401(k) Associates logo

Plan Compliance Analyst (Administrator)


RPA logo

Retirement Plan Relationship Manager/Consultant

The Retirement Plan Company (TRPC)/an ABG firm

The Retirement Plan Company (TRPC)/an ABG firm logo

Pension Administrator

Creative Pension Consultants, Inc.
(Remote / Albany NY)

Creative Pension Consultants, Inc. logo

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Senior Plan Administrator

Atlantic Pension Services Inc
(Remote / Kennett Square PA / DE / MD / NJ)

Atlantic Pension Services Inc 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 image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

Seventh Circuit Again Considers Partial Terminations of Retirement Plans
McGuireWoodsLink to more items from this source
Jan. 8, 2015

"[T]he Seventh Circuit [recently] revisited the topic of partial termination in a class action that had been litigated for almost 19 years and involved five appeals.... [T]he court reaffirmed its prior holding in a 2000 Matz decision that a significant corporate event need not occur solely within a single plan year, and that corporate events that occur over a multi-year period can be combined for purposes of measuring the percentage by which plan participation was reduced, if those events are related.... As guidance as to partial terminations is limited, the employer should take Matz into account in making this determination even when the situs of the plan is outside the Seventh Circuit." [Matz v. Household Int'l Tax Reduction Investment Plan, Nos. 14-1683 and 14-2507 (7th Cir. Dec. 24, 2014)]

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 link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.