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Benefits & ERISA Law

: Boston ERISA Law Blog

Looking Under the Hood at Public Pension Obligations Isn't Pretty

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There is almost nothing I can add to this extremely sad story two days before Christmas, other than to point out that, for the criticism ERISA takes for preemption and its limited scope of remedies, the structure has done a pretty good job of accomplishing its true initial goal, which was to keep private pension plans from winding up like the public pension plan in Prichard Alabama.
 

Full post as published by Boston ERISA Law Blog on December 23, 2010 (boomark / email).

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