Search for: "U.S. Bank Pension Plan" Results 1 - 20 of 618
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22 Mar 2023, 5:48 am by Associated Press
The failures of two U.S. banks this month meant losses for U.S. public-sector pension systems that invested in them. [read post]
30 Jan 2007, 12:15 pm
Court of Appeals for the Third Circuit affirms the dismissal of claims alleging that PNC Bank's conversion of its pension plan from a traditional defined benefit plan to a cash balance plan violated ERISA: You can access today's ruling at this link. [read post]
29 Apr 2019, 12:55 pm by ccollins
The Puerto Rico Government Employees and Judiciary Retirement Systems Administration, a pension plan for retirees of the U.S. territory’s government, has filed a proposed securities class action in federal court against Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Barclays Capital, Inc. [read post]
6 Jul 2012, 6:02 am by Deborah Hammonds
This includes U.S. domestic qualified and non-qualified plans and all non-domestic plans. [read post]
2 Jun 2020, 5:21 am by Kaufman Dolowich Voluck
In simple terms, the courts have determined that pension plan participants who have not seen their own benefit payments reduced or otherwise altered cannot sue their employer on behalf of the whole pension plan for failing to live up to ERISA’s fiduciary duties. [read post]
2 Jul 2011, 10:08 pm by Susan Mangiero
According to "Washington Mutual settles class-action suit for $208.5 million," Associated Press, July 1, 2011, pension plans that include the Ontario Teachers' Pension Plan Board (as lead) will benefit as shareholders of the failed bank (if and once the Bankruptcy Court approves the terms). [read post]
18 Sep 2019, 3:07 pm by Kantor & Kantor LLP
  The case is about funding in defined benefit pension plans, constitutional standing, and when participants in these plans may sue to recover plan losses. [read post]
17 Apr 2013, 2:21 pm by Cynthia Marcotte Stamer
On April 17, 2013, the Justice Department sued Cook County and the Cook Pension Plan with violating USERRA by refusing to allow U.S. [read post]
16 Jun 2020, 6:42 am by John Houston Pope and Daniel J. Green
Bank N.A., 590 U.S. __ (2020), held that participants in defined benefit pension plans lack standing to sue plan fiduciaries for allegedly imprudent plan investments where the participants continue to receive their full benefits and no imminent risk that they will cease receiving their full benefits appears. [read post]
2 Apr 2014, 8:03 am by Old Fox
It must be able to contract insurance plans for its company’s assets and provide pension plans for its employees. [read post]