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

Featured Jobs

Retirement Plan Administrator

Compensation Strategies Group, Ltd.
(Remote)

Compensation Strategies Group, Ltd. logo

Retirement Combo Plan Administrator

Heritage Pension Advisors, Inc.
(Remote / Commack NY)

Heritage Pension Advisors, Inc. logo

Regional Sales Consultant

The Pension Source
(AL / AR / GA / KY / MS / TN / TX)

The Pension Source logo

Senior Plan Administrator

Merkley Retirement Consultants
(Remote)

Merkley Retirement Consultants logo

Plan Administrator

DWC ERISA Consultants LLC
(Remote)

DWC ERISA Consultants LLC logo

Implementation Specialist

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Plan Installation Manager

July Business Services
(Remote / Waco TX)

July Business Services logo

Defined Benefit Specialist II or III

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Omni Operator

BPAS
(Utica NY)

BPAS logo

Client Service Specialist

EPIC RPS
(Remote / Norwich NY)

EPIC RPS logo

Census Coordinator

BPAS
(Utica NY / Hybrid)

BPAS logo

Distributions Processor - Qualified Retirement Plans

Anchor 3(16) Fiduciary Solutions, LLC
(Remote / Wexford PA)

Anchor 3(16) Fiduciary Solutions, LLC 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 icon
LinkedIn icon     Twitter icon     Facebook icon

Recovering Pension Overpayments May Get Even Harder
Osler, Hoskin & Harcourt LLP Link to more items from this source
Nov. 4, 2015

"Plan fiduciaries have become more aggressive in their attempts to recover mistaken overpayments to retirees. The plan may elect to recoup the overpayments by reducing future pension payments, but what if the participant received a lump sum or the recoupment method will not work, for example, because the retiree is elderly and the value of the future payments is not large, or because the payee wasn't really entitled to any vested pension? ... Recent actions by the U.S. Supreme Court may make it even more difficult to prevail in a lawsuit to recover pension overpayments."  MORE >>

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 linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).