12 CFR 563.47 - Pension plans

Cite as12 CFR 563.47
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6 practice notes
  • Modzelewski v. Resolution Trust Corp., Nos. 92-15670
    • United States
    • United States Courts of Appeals. United States Court of Appeals (9th Circuit)
    • January 20, 1994
    ...the salary continuation agreements are not employment contracts, but pension plans which arguably survive receivership pursuant to 12 C.F.R. Sec. 563.47. In any event, they argue their rights to receive benefits were A. The Nature of the Agreements "Employment contract" is not defined in th......
  • Rosa v. Resolution Trust Corp., No. 90-6010
    • United States
    • United States Courts of Appeals. United States Court of Appeals (3rd Circuit)
    • June 27, 1991
    ...receiver for City Federal. The notice stated that "the Conservator was prevented from assuming the Plan by applicable law, including 12 C.F.R. Sec. 563.47." 4 Further, the notice stated that all benefits ceased accruing as of December 7, 1989 (the date RTC initially took over), and that the......
  • Rice v. Resolution Trust Corp., No. CIV 91-62 PHX EHC.
    • United States
    • United States District Courts. 9th Circuit. United States District Courts. 9th Circuit. District of Arizona
    • March 6, 1992
    ...4 to Statement of Facts). Consequently, plaintiff claims that the Agreement is governed not by 12 C.F.R. § 563.39, but rather by 12 C.F.R. § 563.47, which relates directly to pension, retirement, and related plans. Response at 5-6. Plaintiff goes on to argue that § 563.47 contains no provis......
  • Rosa v. Resolution Trust Corp., Civ. No. 90-4559 (CSF).
    • United States
    • U.S. District Court — District of New Jersey
    • December 5, 1990
    ...participants results." Defendants offer no defense that they complied with ERISA or the PBGC. Instead, they advance the argument that 12 C.F.R. § 563.47 (1989) specifically authorizes the RTC as Receiver for City Federal to terminate the Plan, despite its earlier decision to assume it. Sect......
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5 cases
  • Modzelewski v. Resolution Trust Corp., Nos. 92-15670
    • United States
    • United States Courts of Appeals. United States Court of Appeals (9th Circuit)
    • January 20, 1994
    ...the salary continuation agreements are not employment contracts, but pension plans which arguably survive receivership pursuant to 12 C.F.R. Sec. 563.47. In any event, they argue their rights to receive benefits were A. The Nature of the Agreements "Employment contract" is not defined in th......
  • Rosa v. Resolution Trust Corp., No. 90-6010
    • United States
    • United States Courts of Appeals. United States Court of Appeals (3rd Circuit)
    • June 27, 1991
    ...receiver for City Federal. The notice stated that "the Conservator was prevented from assuming the Plan by applicable law, including 12 C.F.R. Sec. 563.47." 4 Further, the notice stated that all benefits ceased accruing as of December 7, 1989 (the date RTC initially took over), and that the......
  • Rice v. Resolution Trust Corp., No. CIV 91-62 PHX EHC.
    • United States
    • United States District Courts. 9th Circuit. United States District Courts. 9th Circuit. District of Arizona
    • March 6, 1992
    ...4 to Statement of Facts). Consequently, plaintiff claims that the Agreement is governed not by 12 C.F.R. § 563.39, but rather by 12 C.F.R. § 563.47, which relates directly to pension, retirement, and related plans. Response at 5-6. Plaintiff goes on to argue that § 563.47 contains no provis......
  • Rosa v. Resolution Trust Corp., Civ. No. 90-4559 (CSF).
    • United States
    • U.S. District Court — District of New Jersey
    • December 5, 1990
    ...participants results." Defendants offer no defense that they complied with ERISA or the PBGC. Instead, they advance the argument that 12 C.F.R. § 563.47 (1989) specifically authorizes the RTC as Receiver for City Federal to terminate the Plan, despite its earlier decision to assume it. Sect......
  • Request a trial to view additional results

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