Featured Jobs
Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc.
|
RTD Financial Advisors
|
Retirement, LLC
|
Retirement Plan Documents Specialist Loren D. Stark Company
|
Retirement Plan Administrator (TPA) Retirement Plan Consultants
|
Employee Benefits and Executive Compensation Associate Attorney Verrill
|
Pentegra
|
Plumbers Local Union No. 1 Benefit Funds |
Nicholas Pension Consultants
|
Administrator/Consultant (DC and DB) TPA Professionals |
Retirement, LLC
|
EPIC Retirement Plan Services
|
EPIC: TPA/DPS
|
Farmer & Betts, Inc.
|
Retirement Plan Legal Specialist Pentegra
|
Retirement Plan Relationship Manager ERISA Services, Inc.
|
Employee Benefits & Executive Compensation Associate Attorney Polsinelli PC
|
Kentucky Trust Company
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
 |    |
<< Previous news item | Next news item >>
| Why Some Retirees Worry About Risk Transfers planadviser  Feb. 5, 2015 "The main worry of the [retirees who have brought a lawsuit against Verizon] is that their billions of dollars in income annuities will be less well-protected than ERISA-covered benefits, for example in the case of a personal bankruptcy or the admittedly unlikely bankruptcy of Prudential. The plaintiffs further claim they received insufficient notice in advance of the transfer of their promised pension benefits from Verizon's to Prudential's balance sheet and that no such right to enact a transfer was established by plan documents." [Lee v. Verizon, No. 14-10553 (5th Cir.; oral arguments heard Feb. 4, 2015)] |
| 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). |
