Featured Jobs
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
DWC - The 401(k) Experts
|
|
Regional Vice President, Sales MAP Retirement
|
|
MAP Retirement
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
Pattison Pension
|
|
MAP Retirement
|
|
Sentinel Group
|
|
BPAS
|
|
Retirement Relationship Manager MAP Retirement
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
'Segal Blend' Withdrawal Liability Calculation Violates ERISA, Sixth Circuit Holds in Milestone Decision
Jackson Lewis P.C. 
Oct. 8, 2021 "The Fund argued unsuccessfully that the Segal Blend complied with the statute's best estimate requirement. The Court rejected this attempt to shift the risk (associated with anticipated investment returns) to the withdrawing employer.... While the Fund may petition the U.S. Supreme Court for review, acceptance is unlikely in the current absence of a circuit court split." [Sofco Erectors, Inc. v. Trustees of Ohio Operating Engineers Pension Fund, No. 20-3639 (6th Cir. Sept. 28, 2021)] |
| 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). |