Q&AEmployee Benefits
Employer may have a duty to speak up when considering ERISA plan changes
Q: An employee recently gave notice that he is planning to retire at the end of the year. It has not yet been announced to employees, but the company is seriously considering implementing a new, more generous retirement plan early next year. I know that this employee would benefit if he stayed employed long enough to take part in the new plan. Do I have an obligation to tell him that?
Read More…