If my employer closed the pension plan for employees however, they only distributed the funds to certain employees is that legal?

Asked on June 25, 2012 under Employment Labor Law, Ohio


FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

If the pension plan for your place of employment had enrolled employees in it, then those employees who were enrolled in the pension plan that was terminated were entitled to get their distribution and those who were not were not entitled to receive anything.

If enrolled employees in the plan did not get their distribution under the termination of the plan, then what was done was wrong by the plan's trustee.

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