Pension Plan Disputes
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What Are Pension Plan Disputes?
Pension plan disputes are legal conflicts that arise over payments made to retried persons through their pension funds. This usually involves a conflict between a retiree and their former employer, though the dispute can be with a different party as well. Pension plan disputes often involve:
- Disputes over the timing or the amount of payments
- Conflicts involving denial of pension benefits
- Disputes over taxes, insurance, and other matters
In addition, some pension benefits can be shared with other persons, namely a spouse or significant other. Thus, some pension plan disputes arise in connection with other legal proceedings, such as a divorce or will distributions after the person’s death.
How Are Pension Plan Disputes Resolved?
Many pension plan lawsuits reference specific legislative acts that address pensions and pension protection. These include the Pension Protection Act of 2006 and ERISA. There are specific guidelines that need to be followed when it comes to issuing pension benefits. If these are not followed, the pension recipient may need to file a legal claim in court to recover lost benefits.
The legal remedies may also involve other actions such as requiring an employer to adjust their pension policies. This can occur in class action suits where large numbers of employees have been denied their benefits. Cases involving misrepresentation or fraud may require criminal consequences as well.
Should I Hire a Lawyer for Help with Pension Plan Disputes?
Disputes over pension plans can often involve some fairly complex legal issues. You may need to hire an employment lawyer for help with pension plan matters. Your lawyer will be able to review your case to see what types of remedies are available for you. Also, if you are going to appear in court, your lawyer can be with you to represent you during the entire process.
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Last Modified: 11-26-2014 10:11 AM PST
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