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Chemours Severance Program Not ERISA Plan, 3rd Circ. Says

By Danielle Nichole Smith (May 1, 2018, 6:05 PM EDT) -- The Third Circuit ruled Monday that a severance plan offered by Chemours Co. in conjunction with a voluntary reduction in staff was not governed by the Employee Retirement Income Security Act, affirming the dismissal of three former employees' proposed class action alleging breach of fiduciary duty....

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