Pensioner Loses Main Claim But Is Awarded Monetary Penalties for Plan Administrator’s Refusal to Timely Provide Pension Benefit Statement.
By Eva Cantarella Under the Employee Retirement Income Security Act (ERISA) pensioners are entitled to a pension benefit statement within 30 days of their written request. Plan administrators who refuse to comply with this rule risk getting sued for monetary penalties, as illustrated in the following recent pension case: Carr v. Abington Mem’l Hosp., […]