Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (36424)	4/26/1999 11:17:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 86076

You know, Ice, depending on the type of retirement plan, the employer could be left holding the bag, or the employee. I don't know what you do for a living, are you some kind of accountant? Because if you are, I won't bore you with stuff you already know. The pension fund manager has a fiduciary duty to the employees, but you could be pounding sand, although you could go after the employer for negligent supervision of the pension manager. I don't think the duty is delegable. If the employer is still on the hook for the pension, then solvency is still an issue, but that is another way to get at the employer's deep pocket. If there is one.