Because company benefit packages including pensions are a critical component of the employment relationship, see MetLife, Eighth Annual Study of Employee Benefits Trends: Findings from the National Survey of Employers and Employees at 8, 18 (2010) (hereinafter Eighth Annual Study), affirmative misrepresentations or knowing omissions about those benefits puts employees in a disadvantageous position because they may overvalue their benefits, accept lower compensation, or stay with that employer longer. Teresa Ghilarducci, Pensions & The Uses of Ignorance by Unions and Firms, 11(2) J. Lab. Res. 203, 204, 206 (Spring 1990). … Back to Article
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