Multiemployer Trustee Responsibilities

Foundation Publication Search Results

These summaries were compiled from Foundation Publications Search, a database of articles, research reports and books published by the International Foundation and the International Society of Certified Employee Benefit Specialists.


Multiemployer DC Plans: Considering Participant-Directed vs. Trustee-Directed Investments.
Notto, Dan; Villanova, Thomas; Benefits Magazine; v55 n11 pp 24-28 Nov 2018; journal article

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Abstract : Should trustees or participants direct Taft-Hartley defined contribution plan investments? Factors for trustees to consider include liability for investment decisions and communication.
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Other Recent Decisions.
Goodman, Lindsay M.; Benefits Magazine; v55 n11 pp 67-69 Nov 2018; journal article

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Abstract : Summarizes cases on contract interpretation, benefit litigation, statute of limitations, fiduciary duties and contributions.
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The Role of the Legal Committee.
Masur, Richard; Benefits Magazine; v55 n11 pp 44-47 Nov 2018; journal article

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Abstract : Multiemployer benefit fund legal committees play an important part in helping boards of trustees deal with matters including the structure of plan documents, fiduciary responsibilities, litigation and interaction with regulators.
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Withdrawal Liability: Alternative Payment Rules and the Role of PBGC.
Egelberg, Jay K.; Benefits Magazine; v55 n10 pp34-39 Oct 2018; journal article

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Abstract : The Pension Benefit Guaranty Corporation (PBGC) issued guidance in April 2018 for multiemployer pension funds that want to adopt alternative withdrawal liability payment arrangements.
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The Role of the Withdrawal Liability Committee.
Mossberg, John E.; Benefits Magazine; v55 no9 pp 30-34 Sep 2018; journal article

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Abstract : Reviewing multiemployer benefit fund collection cases can be time-consuming for boards of trustees. Appointing a withdrawal liability committee allows for a thorough review of outstanding cases without bogging down a board of trustees meeting.
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The Nuts and Bolts of Merging Health and Welfare Funds.
Johnson, Dennis R.; Benefits Magazine; v55 no3 pp 16-21 Mar 2018; journal article

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Abstract : In this practical guide to merging health and welfare funds, the author describes both the steps trustees should take when evaluating a merger and issues to consider, including structure and the legal standards that apply to the decision to merge.
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Critical Questions to Ask When Hiring an Investment Manager.
Mink-Holmes, Jennifer; Benefits Magazine; v55 no2 pp 16-22 Feb 2018; journal article

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Abstract : Selecting and monitoring an investment manager is part of the fiduciary responsibility of employee benefit fund trustees. This article addresses critical questions trustees should ask when hiring an investment manager.
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Other Recent Decisions.
Benefits Magazine; v54 n12 pp 65-68 Dec 2017; journal article

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Abstract : Summarizes cases on benefit reduction, benefit denial, fiduciary duties, retirement benefits and benefit denial.
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Benefit Basics: Using Committees Effectively.
Beebe, Lawrence R.; Benefits Magazine; v54 no11 pp 8-10 Nov 2017; journal article

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Abstract : Standing committees and long- and short-term committees for special purposes have many benefits for trustees. An excerpt from the International Foundation publication, "Trustee Handbook: A Guide to Labor-Management Employee Benefit Plans," Eighth Edition.
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Addressing Behavioural Bias in Decision Making.
Cranston, Susan D.; Plans & Trusts; v35 no5 pp 18-23 Sep-Oct 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : All of us face internal and external factors that create biases impacting our decisions. It's important for trustees and administrators, given the level of responsibility for others, to identify and minimize these biases.
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Anatomy of a Benefit Appeal: Best Practices for Plan Sponsors.
Brice, Daniel R.; Benefits Magazine; v54 no9 pp 14-21 Sep 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Having the proper procedures in place for responding to benefit appeals can help health and pension plan sponsors avoid breaching their fiduciary duties and prevent expensive litigation.
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Benefit Basics: Legal Aspects of Trustee Education.
Mazzuca, Michael; Plans & Trusts; v35 no5 pp 6-10 Sep-Oct 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : The control of trustee expenses at educational conferences is increasingly important as the law continues to develop. This article appeared in "Employee Benefits in Canada" published by the International Foundation of Employee Benefit Plans.
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Other Recent Decisions.
Benefits Magazine; v54 no9 pp 66-68 Sep 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Summarizes cases on contributions, benefit denial, retaliation, severance and retiree health care.
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When a Union Is Decertified: How Can a Fund Collect What's Due?
Schelberg, Neal S.; Cacace, Anthony S.; Benefits Magazine; v54 no8 pp 40-44 Aug 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Can multiemployer benefit funds assess withdrawal liability if a union is decertified before the expiration of a collective bargaining agreement? As a 2016 circuit court ruling shows, the answer isn't entirely clear.
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Other Recent Decisions.
Benefits Magazine; v54 no7 pp 67-69 Jul 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Summarizes cases on claims procedures, AD&D benefits, fiduciary duties, retirement benefits and benefit designation.
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Running an Apprenticeship Fund Like A Business.
Staab, Andrew E.; Benefits Magazine; v54 no7 pp 42-47 Jul 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Administering an apprenticeship fund can be complex, requiring funds to follow not only good educational administration practices but also good business practices. This article is excerpted from a chapter "Trustee Handbook: A Guide to Labor-Management Employee Benefit Plans," eighth edition, published by the International Foundation.
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Cyberattacks on Benefit Plans: The Risks and Liabilities of Data Breaches.
Schelberg, Neal S.; Dubin, Miriam S.; Benefits Magazine; v54 no5 pp 22-27 May 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Employee benefit plans maintain sensitive information and are among those at risk for cyberattacks. This article looks at potential legal liabilities for plan sponsors and plan fiduciaries related to data breaches.
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Fund Cannot Recover Fictional Losses Due to Madoff Investment.
Benefits Magazine; v54 no4 p 49 Apr 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : The U.S. Court of Appeals for the Second Circuit affirms a lower court ruling that the plaintiff multiemployer pension fund failed to state a claim and had no federal standing to bring suit against its defendant investment managers due to the defendants' investment with Bernard L. Madoff Investments Securities.
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Funds Run Into ERISA Statute of Limitations.
Benefits Quarterly; v33 no1 p 64 1st Qtr 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Tenth Circuit Court affirms decision that plaintiff need not know all information to file claim for breach of fiduciary duty and when statute of limitations will begin to run.
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Other Recent Decisions.
Benefits Magazine; v54 no1 pp 61-63 Jan 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Summarizes legal cases on retirement benefits, stock plans, withdrawal liability, multiemployer plans and class action.
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Trustee Handbook: A Guide to Labor-Management Employee Benefit Plans.
Beebe, Lawrence R.; 529 pp 8th ed.; book

Availability : International Foundation of Employee Benefit Plans
Abstract : A reference tool for trustees, administrators and others who serve multiemployer benefit plans, this book includes a collection of practical articles covering fiduciary responsibility, plan design and financing, plan administration, liability insurance, actuarial considerations, accounting, investment management and much more. Additional topics include: educational policies and reimbursement of plan expenses; using committees effectively; running an apprenticeship program like a business; and using social media as a communications tool.
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Funding Improvement and Rehabilitation Plans 101.
Kelly, Jacqueline A.; Benefits Magazine; v53 no10 pp 48-54 Oct 2016; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Many multiemployer defined benefit pension plans have been required to develop a funding improvement or rehabilitation plan. This article explains what trustees must do to adopt and implement the plan.
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Other Recent Decisions.
Benefits Magazine; v53 no10 pp 67-69 Oct 2016; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Summarizes cases on subrogation, class actions, preemption, withdrawal liability and claims procedures.
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Top 5 Errors Found in 401(k) Plan Audits.
Bowman, Rachael; Roster, Jessica R.; Benefits Magazine; v53 no9 pp 34-39 Sep 2016; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : To avoid penalties, lost earnings for plan participants and extra expenses for TPA staff time, fiduciaries of 401(k) plans should take preventive steps to avoid five common errors.
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For Better Board of Trustees Meetings, Be Prepared.
Burke, Joseph J.; Salemi, Daniel R.; Benefits Magazine; v53 no8 pp 28-32 Aug 2016; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : Conducting effective and efficient board of trustee meetings is among the most important activities for multiemployer fund trustees, staff and professionals. Meeting preparation is critical, particularly if trustees wish to make progress on the fund-related issues that are important to them.
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