Thursday, June 27, 2019

New Wave of Pension Plan Litigation

Originally published by Thompson & Knight LLP.

Posted by Sharon Fountain, Russell Gully, Jason Loden, Jessica Morrison, and Neely Munnerlyn

Sharon_Fountain   Russell Gully   Jason Loden   Jessica Morrison   Neely Munnerlyn
Several lawsuits have been filed in recent months against pension plan sponsors and fiduciaries over the actuarial assumptions used in some common pension plan calculations. The defendants in these lawsuits are some large pension plan sponsors and the fiduciaries of their pension plans. The plaintiffs are retired plan participants and beneficiaries asserting violations of ERISA based largely on their plans’ continued application of interest rates and mortality tables that date back to the 1970s and 1980s.  See our recent client alert for more information.   If you have any questions, please contact the T&K tax attorney with whom you regularly work or any of the T&K tax attorneys listed in the client alert.

Curated by Texas Bar Today. Follow us on Twitter @texasbartoday.



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