Court Rejects ‘Equitable Remedies’ in SPD Case

In some ways, the Ninth Circuit’s recent decision in Skinner v. Northrop Grumman Retirement Plan B is a garden-variety example of a classic fact pattern: The terms of a summary plan description (SPD) promise better benefits than the plan document it su…

Labor Power Softens But Still Lingers

The recent recall victory by Gov. Scott Walker in Wisconsin seems to reflect a trend of diminishing union power. Employers, however, should remain aware of labor’s continuing influence, experts say.

A Common Mistake: Miscalculating Matching Contributions

Sponsors of 401(k) plans often fail to make the proper employer matching contribution called for under the terms of the plan document. Although there are any number of causes for this failure, a common one involves the timing of matching contributions.