Question
Alexander has worked for ABC Inc., a large manufacturer, for the last 20 years and is a participant in ABCs defined benefit plan. Alexander is
Alexander has worked for ABC Inc., a large manufacturer, for the last 20 years and is a participant in ABCs defined benefit plan. Alexander is concerned about the companys financial difficulties and is worried that management might modify his future benefits and cause his expected benefits at retirement to be reduced. Which of the following laws is designed to prevent that from occurring? A. Coverage B. Non-discrimination C. Anti-cutback D. There are no laws that prevent an employer from modifying future benefits, even in a defined benefit plan.
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