The battle for a secure retirement is about to get even tougher. Several new surveys of company executives show that they plan to reduce or suspend their company’s retirement-plan contributions this year. Dozens of employers in the past year have already slashed such costs. The trend means one important thing for workers: smaller nest eggs, [...]
Entries Tagged as 'ERISA Employee Pension Benefit Plans'
March 31st, 2009 · No Comments
Supreme Court OKs Payment Of Pension Benefits To Designated Ex-Spouse Beneficiary Despite Her Waiver Of Rights To Pension In Divorce Judgment
February 15th, 2009 · No Comments
A new Supreme Court decision illustrates the importance of making sure your beneficiary designations are up-to-date. The Supreme Court has unanimously ruled that a plan administrator properly distributed benefits under an ERISA pension plan to a deceased participant’s ex-spouse, as she was the only designated beneficiary, even though she had waived her interest in plan [...]