In the News Detail
news headline
Pension Rulings Swing to Employers' Favor
SOURCE
Business Insurance
AUTHOR
Gloria Gonzalez
DATE
June 2, 2008
David Vincent, Co-Chair of our Pension and Benefit Plans team, was quoted in Business Insurance magazine talking about the recent trend of court rulings favouring the rights of employers in pension disputes.
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Excerpt
Recent Canadian court decisions have given greater weight to the rights of employers in pension disputes, but they may be too late to reverse the decline of defined benefit plans, pension experts say.
Between the mid-1980s and 2005, Canadian court decisions in pension cases fiercely guarded the rights of plan members. But more recent decisions from the Supreme Court of Canada and the Ontario Court of Appeal have recognized the rights of plan sponsors.
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