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Home / Opinion Digests / Insurance – ERISA – Plan Participants – Severance Pay Incentive – Plan Enhancements (access required)

Insurance – ERISA – Plan Participants – Severance Pay Incentive – Plan Enhancements (access required)

Where plaintiff employees do not allege that the enhanced benefit package announced to employees on or about Aug. 14, 1991, had been adopted as part of the employer's management pension plan before plaintiffs accepted the severance pay retirement incentive offered, plaintiffs were not "participants" in the enhancement and cannot state a claim for breach of ...

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