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JPMorgan Chase denies pension to employee’s widow for lack of ‘necessary paperwork’
For 13 years, she has been attempting to claim her husband’s $53,000 pension plan, which he amassed from working 10 years for the investment firm.
Supreme Court will hear ERISA class action suit: Did Cornell Univ. mismanage its 403(b) plan?
Plaintiffs alleged that Cornell failed to adequately monitor the fees and investments of its retirement plan, according to Jerome Schlichter, a lawyer for the plaintiffs.
33,000 Boeing workers end strike: No pension in new contract, but 401(k) contribution boost
Retirement plans were a hot button issue for union workers, who wanted Boeing to bring back their lost pension plans, however, Boeing said they were “prohibitively expensive.”
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