The Law and Policy of the Private Pension System (20551). 3 units. The private pension system now commands assets exceeding $13 trillion. Pension and employee benefit plans have become ubiquitous features of the modern employment relationship. The legal regulation of these plans is both an independent legal specialty and a subject that overlaps other fields, including corporations, bankruptcy, labor, tax, trust, domestic relations, employment discrimination, and health care law. This seminar will supply an introduction to the regulatory law, especially the Employee Retirement Income Security Act (ERISA) of 1974, as amended, and the case law. Particular attention will be directed to the challenges brought about by the decline of traditional defined benefit pension plans and the rise of individual account plans, especially the problems associated with participant investing, employer stock plans, and lump-sum as opposed to annuitized distributions. Other topics of inquiry include ERISA's impact on health care finance and the troubled pension insurance system for defined benefit plans administered through the Pension Benefit Guaranty Corporation. Enrollment capped at twenty. Self-scheduled examination or paper option. J. H. Langbein
SLB - 108 (Tue) Grade mode: graded CRN: 10145
Exam: 12/12/2016 - 12/21/2016 Questions available online Name or Id: Id Length: 3 hour(s)
Notes: Use your Exam ID.