Wednesday, May 03, 2006

Court Blocks W.Va. Pension Merger

News Articles [PLANSPONSOR.com] - Court Blocks W.Va. Pension Merger

The closing of West Virgina's DC plan and the folding of it back into the DB plan (pension) is hitting some snags. This is something to watch if only because it will be used to show that switching to a DC plan or giving a DC plan as an alternative doesn't work in the public sector. Whether true or not, this will be a landmark event.

ScottyD
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