Employee Benefits
Apr. 18, 2012
Whither withdrawal liability?
Recent cases highlight the competing policy goals of our voluntary pension system. By Chuck Teixeira
Recent cases highlight tensions among competing goals in our voluntary pension system, such as making sure employees get the pensions they're promised but not scaring employers into promising no pensions at all. Two cases, in particular, highlight these tensions by examining - or failing to examine - the conduct of intermediaries between the money that employers contribute to pension plans and the benefits employees receive from these plans....
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