Spink v. Lockheed Corporation: the Ninth Circuit outlaws pension plan window waivers

Article Abstract:

The Ninth Circuit Court of Appeals' 1995 decision in Spink v. Lockheed holds waiver releases signed as part of an early retirement window program to be in violation of ERISA. Since these waivers are typically executed in exchange for enhanced benefits, the decision's chilling effect on employers could work against the interests of other retirees. The court failed to determine whether Lockheed acted as a fiduciary in amending its pension plan, which undermines its ruling on the waiver as a prohibited transaction under ERISA.

Pension funds, Early retirement

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Supreme Court expands federal power to regulate the availability and use of data

Article Abstract:

This article examines the US Supreme Court case 'Condon v. United States,' and its relationship personal data privacy. How privacy protection impacts the marketing industry is discussed.

United States, Laws, regulations and rules, Consumer protection, Marketing industry, Privacy, Right of, Right of privacy, United States. Supreme Court

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