Pension & Benefits Reporter Index-Summary

VALUATION

– Maximum PBGC benefit, guidance on present value issued, 10
– Stock options, SEC releases guidance, 11

VEBAs

See VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATIONS (VEBAs)

VESTING

– Allstate accused of illegally forfeiting vested pension benefits due to systematic overestimation (N.D. Ill.), 1295
– ERISA, 95-hour equivalency rule for determining service credit applies (U.S., rev den), 207
– Goodrich retirees have vested benefits (6th Cir.), 674; rehearing sought, 916
– “Hour bank” provision, participant may not use to bridge gap in service (N.D.N.Y.), 1512
– Mich. Gas did not arbitrarily deny benefits (6th Cir.), 1143
– Retroactive use of amendment denied (D. Conn.), 684
– Teamsters pension plan, full benefits denied to participant (8th Cir.), 1515

VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATIONS (VEBAs)

– AK Steel settlement with retirees approved, VEBA trust created (S.D. Ohio), 522
– Automobile workers

See AUTOMOBILE INDUSTRY

– Continental Tire to settle benefits dispute (N.D. Ohio), 920
– Higher profile reported for retiree health VEBAs, 193