Automatic rollover rulesBy Richard F. SkweresMarch 2005Many retirement plans have rules that provide for automatic distributions to terminated participants or beneficiaries when the benefits are less than $5,000.
Federal caselaw updateBy David R. ShannonJune 2005The National Pension Lawyers Network, which is administered by the Pension Action Center at the University of Massachusetts (Gerontology Institute), provides referrals to employee benefits lawyers.
Federal caselaw updateBy David R. ShannonMarch 2005"Sandbagging": LTD claimant was not provided access to independent medical examiner's report, which served as basis of denial of benefits, until after plan's decision.
Impact of bankruptcy reform legislation on qualified retirement savings plan exclusions/exemptionsBy Mark A. BogdanowiczJune 2005This is an overview of the state of the law as to exemptions covering employee benefits under the Bankruptcy Code of 1978 and how these provisions will be affected under the recent bankruptcy reform legislation, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ("BAPCA").1
John Erlenborn (1927-2005): Illinois Congressman known as “Father of ERISA”By Gerald D. SkoningDecember 2005Former U.S. Rep., John Erlenborn, 78, who represented part of DuPage County in Congress from 1965 to 1985 in a career distinguished by his expertise in labor and pension issues, died on October 30, 2005, in his Virginia home.
Regulatory update: IllinoisDecember 2005Does ERISA preempt this regulation? In Nickola v. CNA Group Life Assurance Co., 2005 WL 1910905 (N.D. Ill. 8/5/2005), the court declined to address the preemption issue (as to the same proposed regulation) because even if the arbitrary and capricious standard applied, “Defendant’s process and analysis in terminating Plaintiff’s long-term disability benefits is so defective that it fails arbitrary and capricious review.”
Senate and House DB funding reform alternativesBy Michael Barry & Brian DonohueSeptember 2005(Notice to librarians: The following issues were published in Volume 23 of this newsletter during the fiscal year ending June 30, 2005: September, No. 1; December, No. 2; March, No. 3; June, No. 4).