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Great Lakes Pension Associates, Inc.
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Defined Contribution Account Manager Nova 401(k) Associates
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New York City District Council of Carpenters Benefit Funds
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Regional Sales Director (West) July Business Services
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Senior Specialist 401k Recordkeeping T Bank N.A.
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Termination of a Nonqualified Retirement Plan with a Traditional Defined Benefit Formula
Benefits Bryan Cave 
Oct. 12, 2015 "The most interesting aspect of this case is how willing the court was to read a broad grant of authority into a very simple and concise reservation of an employer's right to terminate a nonqualified retirement plan. The court was willing to infer that the power to terminate necessarily includes the power to commute annuity payments to lump sums and to discount the value of those annuity payments using appropriate actuarial assumptions, including discount rates." [Taylor v. NCR Corp., No. 1:14-cv-2217-WSD (N.D. Ga. Sept. 23, 2015)] |
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