Legal Issues in Terminations of Single-Employer Pension Plans Beck v. PACE International Union

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Finance--Law and legislation.

Finance.

Industrial relations.

Pensions.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2007

Summary:

Examines legal issues regarding the termination of single-employer pension plans by reviewing Beck volume PACE International Union, a case that examined whether the decisions of Crown Vantage, Incorporated and Crown Paper Company to terminate their pension plans in bankruptcy proceedings breached the fiduciary duty owed under the Employee Retirement Income Security Act to plan participants and beneficiaries by failing to adequately consider the option of merging their pension plans with a multiemployer plan. Summarizes Supreme Court finding.

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress Congressional Research Service Legal Issues in Terminations of Single-Employer Pension Plans

Publisher Number:

CRS-2007-AML-0463

Access Restriction:

Restricted for use by site license