The Supreme Court says the daughter of a DuPont Co. worker is out of luck in her effort to collect his retirement benefits.pThe justices, in a unanimous decision Monday, said Kari Kennedy can collect nothing from DuPont because companies are bound by what a worker puts down on forms designating who is to receive retirement and other benefits after his death./ppIn this case, William Kennedy divorced his wife of 22 years and she waived her rights to the retirement money in their divorce decree. Kari Kennedy said her father wanted her to have the money after his death./ppBut Kennedy never changed his beneficiary on the retirement account, and DuPont properly paid $402,000 to Liv Kennedy, his ex-wife, Justice David Souter said./ppThe case is Kennedy v. Plan Administrator, 07-636. /p |
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