Rules/Regs PLANSPONSOR November – December 2024

2 Plan Sponsors Win Against Forfeiture Allegations

Reported by

Alex Ortolani, Remy Samuels

Art by Klaas Verplancke

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The grocery chain was ordered to pay $1.2 million out of the more than $9 million former employees sought.

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In a ruling that could affect future pension risk transfer litigation, a U.S. district court judge ruled that a delegated...

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The ERISA Industry Committee and others filed an amicus brief supporting the employer’s decision on how to use forfeitures.