Sentences with phrase «on pension plan administrators»

Not exact matches

As with teachers, traditional defined benefit plans create strong incentives for administrators nearing normal retirement to continue on the job until their pension wealth peaks, and the turnover rates from the principal survey confirm this trend.

And because pension plans are based on a formula that factors in salary levels, employees with higher salaries (like district superintendents and administrators) tend to earn disproportionately large benefits compared to teachers.

The Court also unanimously agreed with the Ontario Court of Appeal in its findings on the existence of a fiduciary duty owed by Indalex as administrator of the pension plans, and on Indalex's breach of that duty.

It was important in respect of point (2) that the administrator of the personal pension plan to which Mrs Staveley had transferred her funds had a discretion as to how to distribute the pension funds on her death.

On Mrs Staveley's death, the administrator of the personal pension plan paid death benefits to her two sons in accordance with Mrs Staveley's letter of wishes.

With a comprehensive understanding of pension and benefits law, our experienced practitioners have advised employers and administrators in both the public and private sector on every aspect of plan administration and governance.

She advises corporations, boards of trustees, plan administrators and internal pension and benefits committees on all areas of pension and employee benefits law including plan and fund administration, governance issues and retirement fund investment.

This FTR Now focuses on some of the key proposals that are of particular interest to employers, human resources professionals and pension plan administrators.

She has advocated, on behalf of individuals, entitlement to joint and survivor pensions where entitlement had been denied by pension plan administrators.

(5) If the Superintendent intends to make an order requiring the wind up of a pension plan or declaring a pension plan wound up, the Superintendent shall serve notice of the intended decision, together with written reasons for it, on the administrator and the employer, and the Superintendent may require the administrator to transmit a copy of the notice and written reasons to such other persons or classes of persons or both as the Superintendent specifies in the notice to the administrator.

For example, if retirement assets (pensions, profit - sharing plans, 401 (k) plans, or other tax - deferred retirement - type plans) are involved in your case, a special court order called a QDRO (Qualfied Domestic Relations Order) or a DRO (Domestic Relations Order) or a similar type of court order dividing retirement plan interests must be prepared, approved by the retirement plan administrator, signed and filed by the judge, served on the retirement plan administrator and then implemented by that plan administrator.