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Eleventh Circuit Affirms Liability for Breach of Top Hat Plan Terms Where Lump-Sum Payouts Reduced Promised Lifetime Annuities
Roberts Disability Law 
Aug. 27, 2025 "Affirming the Northern District of Georgia's summary judgment for participants, the court held that NCR's lump-sum payments 'adversely affected' the accrued benefits of at least some participants in violation of the plans' unambiguous terms and that the district court's make-whole remedy was appropriate." [Hoak v. NCR Corp., No. 24-12148 (11th Cir. Aug. 26, 2025)] MORE >> |
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