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24Feb

Are Severance Benefits Subject to ERISA?

Definitely maybe. Severance benefits are subject to ERISA if they comprise a “plan, fund or program.” The Supreme Court held that there is a plan, fund or program for severance benefits if (1) payment requires an “ongoing administrative scheme,” or...
By: Miles & Stockbridge P.C.
Source Url: https://www.jdsupra.com/legalnews/are-severance-benefits-subject-to-erisa-48877/

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