Court Declares the Wisdom of the 'Plan Documents Rule'

An ex-spouse of a now-deceased plan participant is the named beneficiary of the decedent's savings and investment plan (SIP) benefit, but the ex-spouse divested herself of all rights to the decedent's SIP benefit in a divorce decree. Should the ex-spouse receive the benefit? A look at a recent Supreme Court decision.

17 minute read March 30, 2009 at 02:47 PM
By
William R. Wright And Trhesa Barksdale Patterson
Court Declares the Wisdom of the 'Plan Documents Rule'

Knowledge is a process of piling up facts; wisdom lies in their simplification.

' Martin Fischer

What's a plan administrator to do?

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