You are Here: Home > Search
Meyer-Chatfield looks at the cost and benefits of the Supplemental Executive Retirement Plan.
What if a bank being sold has a Supplemental Executive Retirement Plan (SERP)? Could that trigger a so-called golden parachute clause with tax consequences for the acquiring bank? The answer is yes.
Scott Richardson says it’s possible to have the benefits of a traditional SERP but tie those benefits to the bank’s performance.
An information resource for senior executives and directors of financial institutions.
© DirectorCorps, Inc All Rights Reserved | Login