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Miscellaneous Legal Issues

PBGC Seeks to Terminate Lehman Retirement Plan

December 17, 2008
The agency estimates that the plan has $898.2 million in assets to cover $940.8 million in liabilities. If the plan is approved, the agency expects to be responsible for $17.9 million of the shortfall.
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New York Extends Benefits to Gays Married Outside State

November 28, 2008
Under a bulletin issued by the state’s insurance superintendent, any employer that fails to recognize the marriages of same-sex couples legally performed in other jurisdictions will be in violation of state laws prohibiting discrimination.
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