Tag: Cash balance
New Cash Balance Claims Filed Too Late
A federal judge in Kentucky has ruled that cash balance plan participants waited too long before filing amended legal claims challenging their plan’s whipsaw lump-sum distribution method and other issues.
Nuns take O’Malley to court over pensions
In a highly unusual case pending before the Supreme Judicial Court, an order of nuns is suing Cardinal Sean P. O’Malley, the Roman Catholic archbishop of Boston, after years of trying in vain to withdraw from a church-run pension fund.
