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

Featured Jobs

Temporary Document Specialist

BPAS
(Utica NY)

BPAS logo

Retirement Plan Administrator

Pattison Pension
(Albuquerque NM / Hybrid)

Pattison Pension logo

Retirement Plan Consultant

MAP Retirement
(Remote)

MAP Retirement logo

Plan Administrator, Defined Benefit & Cash Balance

The Pension Source
(Remote / Stuart FL / NY / TX / Hybrid)

The Pension Source logo

Regional Vice President, Sales

MAP Retirement
(Remote)

MAP Retirement logo

Defined Benefit Plan Consultant/Actuarial Analyst

Sentinel Group
(Remote / Everett MA)

Sentinel Group logo

Strategic Retirement Plan Consultant

Retirement Plan Consultants
(Urbandale IA / Des Moines IA)

Retirement Plan Consultants logo

Retirement Plan Consultant

Sentinel Group
(Remote / Everett MA)

Sentinel Group logo

Plan Consultant - DB/CB

MAP Retirement
(Remote)

MAP Retirement logo

Data Administrator II

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Retirement Relationship Manager

MAP Retirement
(Remote)

MAP Retirement 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

Court Refuses to Overturn Decision of Multiemployer Plan Trustees; Participating Employer Had Made Financial Proposal
Wolters Kluwer Link to more items from this source
July 6, 2020

"Whether the Kroger proposal would actually have injured the plan was not determinative, the court stressed, as there was no genuine dispute that the trustees considered several sources of input, weighed the risks, and made a choice that benefitted the plan as a whole. Thus, even if the trustees' decision did not provide the greatest value to the plan, the decision did not constitute an abuse of discretion, as the trustees reasonably believed the Kroger proposal would harm most beneficiaries." [Campbell v. Whobrey, No. 16-4631 (N.D. Ill. Mar. 22, 2020)]  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).