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Defined Benefit Plan Actuarial Equivalence Litigation: A Formidable Threat or an Unfounded Theory?
Trucker Huss 
Aug. 30, 2019 "All nine lawsuits generally allege that the plans used unreasonable actuarial assumptions when converting the plans’ normal forms of retirement benefit ... to an alternative form of benefit ... [so that] some retirees who are participants in the companies’ defined benefit pension plans have lost part of their vested retirement benefits in violation of ERISA section 203(a). The plaintiffs also claim that the plans’ fiduciaries breached their duties in using these alleged outdated mortality tables." MORE >> |
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