WHERES MY $
Guest
Dec 07, 2005
7:13 AM
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the secretary of labor may directly bring a civil action under ERISA to enforce the fiduciary duty provisions of ERISA.....
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Anonymous
Guest
Dec 07, 2005
7:16 AM
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401{K} PLANS,HOWEVER ,CANNOT REQUIRE YOU TO COMPLETE MORE THAN ONE YEAR OF SERVICE BEFORE YOU BECOME ELIGABLE TO PARTICIPATE
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Anonymous
Guest
Dec 07, 2005
7:19 AM
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ERISA does the following; gives participants the right to sue for benifits and breaches of fiduciary duty
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Anonymous
Guest
Dec 07, 2005
7:22 AM
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Sounds like John and Nori could have a problem. It may even reach Katherine.
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Anonymous
Guest
Dec 07, 2005
7:25 AM
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requires accountability of plan fiduciaries.ERISA generally defines a fiduciary as anyone who exercises discrestionary authority or control over a plans management or assets,including anyone who provides investment advice to the plan.fiduciaries who do not follow the code of conduct may be held responsible for restoring losses to the plan
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Anonymous
Guest
Dec 07, 2005
7:28 AM
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nori is ok this is about the anuity
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Anonymous
Guest
Dec 07, 2005
7:31 AM
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ERISA requires plans to provide participants with information about the plan including important information about plan features and funding.the plan must furnish some information regularly and automatically..........
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the best part
Guest
Dec 07, 2005
7:44 AM
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the primary responsibility of fiduciaries is to run the plan soley in the interest of participants and beneficiaries and for the exclusive purpose of providing benefits and paying plan expenses.fiduciaries must act prudently and must diversify the plans investments in order to minimize the risk of huge losses.in addition,they must follow the terms of plan documents to the extent that the plan terms are consistent with ERISA.they must also AVOID CONFLICTS OF INTEREST.in other words,they may not engage in transactions on behalf of the plan that benifit parties related to the plan,SUCH AS OTHER FIDUCIARIES,service providers,or the plan sponsor.
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the really best part
Guest
Dec 07, 2005
7:51 AM
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Fiduciaries who do not follow these principals of conduct MAY BE PERSONALLY LIABLE to restore any losses to the plan,or to restore ANY PROFITS made through improper use of plan assets.courts may take whatever action is appropriate against fiduciaries who breach their duties under ERISA including THEIR REMOVAL.
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Anonymous
Guest
Dec 07, 2005
9:25 AM
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Good Job!
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ME
Guest
Dec 07, 2005
9:47 AM
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[quote] nori is ok this is about the anuity
nori is the adminastrator of the anuity how is she not accountable?
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Anonymous
Guest
Dec 07, 2005
2:44 PM
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SORRY I THOUGHT SHE WAS HEALTH AND WELFARE.
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Anonymous
Guest
Dec 07, 2005
6:27 PM
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She does both and is laughing at YOU all the way to the bank
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Anonymous
Guest
Dec 09, 2005
7:17 AM
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has anybody called erisa,what is the contact information?
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Anonymous
Guest
Jan 19, 2006
3:28 PM
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HOW WAS THAT SLUSH FUND DISPERSED JOHN?YOU HAVE DONE NOTHING WRONG?
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Anonymous
Guest
Feb 03, 2006
7:29 AM
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HEY PERRYBOY EXPLAIN HOW THAT ANUITY MONEY WAS DISPERSED?
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Anonymous
Guest
Feb 04, 2006
6:57 AM
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can the TRUTH explain what took place?any other team82/perry tell me what the hell is going on?
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