Today's pension retirement plan leaves much for concern
Article Abstract:
The current inadequate retirement plan system is examined. The solution could be the Fiduciary Audit Protection Program, which assists employers to establish self-audit internal control procedures to identify and correct errors in operational compliance.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2004
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No breach of fiduciary where plan had substantial surplus
Article Abstract:
The lawsuit,which deals with financial plans between Minnesota Mining and Manufacturing company (3M) and Granite Corporation, a hedge fund company is discussed. The Eighth Circuit Court of Appeals ruled in favour of 3M.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2004
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Formal plan documents control over SPD
Article Abstract:
The judgment of the U.S. District Court for the Southern District of New York, with regard to the variance in retirement scheme's official records with the plan's summary plan description (SPD), is presented.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2004
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