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Seventh Circuit's Recent Ruling in ERISA Change-of-Beneficiary Dispute Offers Key Takeaways for Employers and Retirement Plan Fiduciaries
Fisher Phillips
Mar. 4, 2026 "The 7th Circuit's recent decision highlights the severe consequences that can arise from procedural mistakes related to beneficiary designations.... [S]teps you can take to help ensure that the intentions of participants are ultimately honored and reduce the risk of costly disputes: [1] Tighten and publicize beneficiary-change procedures.... [2] Train benefits staff on handling of 'off-channel' requests.... [3] Expect beneficiary change requests following major life events." [Packaging Corp. of Am. Thrift Plan for Hourly Emps. v. Langdon, No. 25-1859 (7th Cir. Feb. 2, 2026)] MORE >> |
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