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9th Circuit Faults Retiree Plan’s Disclosure of Lifetime Maximum

HR Daily Advisor

However, the court ruled, the plan had failed to disclose this adequately as required by the Employee Retirement Income Security Act (ERISA). UPS issued a summary plan description (SPD) in 2006 that applies to both the active employee and retiree plans. The case is King v. Blue Cross & Blue Shield of Ill., 15-55880 (9th Cir.