Jeffrey D. Mamorsky authored a Lexis Practice Advisor article titled “The ‘Gaming’ of Pension Plan Actuarial Assumptions.” Read the full article “The Gaming of Pension Plan Actuarial Assumptions.”… Continue Reading
Challenges to the reasonableness of pension plan actuarial assumptions are confronting corporate plan sponsors not only with regard to their own plans but also with respect to the calculation of withdrawal liability when they exit a multiemployer plan. Since the enactment of the Multiemployer Pension Plan Amendments Act, withdrawal liability under the Employee Retirement Income … Continue Reading
Whether the 5-4 Supreme Court decision in Thole vs. U.S. Bank on June 1 is “good news” for employers and will limit lawsuits by defined benefit participants, as some commentators have forecast, remains to be seen. From the perspective of advising fiduciaries how to discharge their responsibilities and avoid litigation, however, what the majority opinion … Continue Reading
