X
07Jan

7th Circuit Holds Retiree Medical Coverage Vested for Life Based on Unambiguous Durational Language in Collective Bargaining Agreement

It is well established that welfare plans are not subject to the vesting requirements of ERISA. Therefore, if vesting occurs, it must be found in the express language of the applicable plan document or collective bargaining agreement....
By: Hodgson Russ LLP
Source Url: https://www.jdsupra.com/legalnews/7th-circuit-holds-retiree-medical-54621/

Related

Top 10 Areas of Focus in IRS Investigations of Retirement Plans

The Internal Revenue Service (IRS) has primary jurisdiction over the qualified status of retirement ...

Read More >

Delaware Court Nixes Deal Due to Seller’s Failure to Operate in “Ordinary Course” During COVID-19

The decision leaves the door open for buyers to argue that inflexible ordinary course covenants can ...

Read More >

DOL Rule Makes 1.3 Million Workers Eligible for Overtime Pay

On September 24, 2019, the U.S. Department of Labor (DOL) announced a final rule, effective January ...

Read More >

AB 9: A New 3 Year Statute of Limitations on FEHA Claims, What This Means for Employers and How To Prepare

Starting January 1, 2020, California employees will have three times as long to file charges allegin...

Read More >

Higher Filing Thresholds for HSR Act Premerger Notifications and Interlocking Directorates Announced- Update

Higher Thresholds For HSR Filings - On January 28, 2020, the Federal Trade Commission announced rev...

Read More >

What should plan administrators do about uncashed retirement plan checks?

While a precise number is not known, it has been estimated that the total amount of retirement benef...

Read More >