Court Finds Officers Not Liable for Plan Contributions
April 4, 2013 (PLANSPONSOR.com) - A court ruled that a company’s officers are not fiduciaries to a multiemployer plan and...
Tag: ERISA
Health Care Sponsor Challenged on Church Plan Status
April 2, 2013 (PLANSPONSOR.com) - Two former employees of Catholic Health East are challenging whether its pension plans are actually...
Morgan Stanley, Pfizer Benefit from Moench Presumption
March 29, 2013 (PLANSPONSOR.com) – Judges from the U.S. District Court for the Southern District of New York dismissed two...
Verizon Pension Suit Gets Class Action Status
March 29, 2013 (PLANSPONSOR.com) – A federal judge certified a class in the lawsuit against Verizon about its decision to...
Court Rules In Favor of Employer Who Dropped Stock
March 25, 2013 (PLANSPONSOR.com) – A federal court found an employer’s decision to drop stock investments from its 401(k) plan...
9th Circuit Affirms Ruling in Retail Fund Dispute
March 25, 2013 (PLANSPONSOR.com) – An employer lost another legal battle for failure to ask about lower-priced investments for its...
Products |
Proskauer Offers ERISA Resource for Employers
March 21, 2013 (PLANSPONSOR.com) - The Proskauer Employee Benefits, Executive Compensation & ERISA Litigation Practice Center has launched the ERISA...
Benefits |
Mandatory Distributions Reduce Cost and Risk
March 19, 2013 (PLANSPONSOR.com) – It can be costly for plans and their fiduciaries if participants with retirement accounts of...
Since Divorce Not Final, Plan Must Pay Wife
March 15, 2013 (PLANSPONSOR.com) – A federal district court ruled that since a husband and wife never finalized their divorce, the...
Fidelity Faces Another Float Income Suit
March 14, 2013 (PLANSPONSOR.com) – Another lawsuit has been filed against Fidelity Investments regarding its use of float income.
Is Your Health Plan SPD ERISA-Friendly?
March 14, 2013 (PLANSPONSOR.com) – Does your company have a legitimate summary plan description (SPD) for its health care plan,...
DOL Guidance About Swap Clearing and ERISA Plans
March 14, 2013 (PLANSPONSOR.com) - The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) requires that swap transactions go...
Plan Must Pay Ex-Husband Despite Estate Suit
March 13, 2013 (PLANSPONSOR.com) – A federal court decided that a deceased woman's retirement plan benefits must first be paid...
No Presumption of Prudence if Stock Fund Not Required
March 13, 2013 (PLANSPONSOR.com) – A federal appellate court has refused to apply the presumption of prudence standard to fiduciaries...
5th Circuit Revives Suit for Retiree Medical Benefits
March 8, 2013 (PLANSPONSOR.com) – A retiree who sued his employer for stopping his medical benefits had his case revived...
ERISA Concerns for Annuity Contracts in DC Plans
March 7, 2013 (PLANSPONSOR.com) – Annuity contracts can bring up several Employee Retirement Income Security Act (ERISA)-related issues that plan...
ERISA Concerns When Combining SPD, Prospectus
February 28, 2013 (PLANSPONSOR.com) - Retirement plan sponsors should beware of potential fiduciary pitfalls when combining the summary plan description...
Sterling Agrees to $3M Settlement of Stock Drop Suit
February 28, 2013 (PLANSPONSOR.com) – Sterling Financial Corporation announced a tentative settlement of a lawsuit alleging the company breached its...
DOL Recovers $43M for Madoff Victims
February 27, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) reached a settlement to compensate employee benefit plans for losses...
ERIC Urges Rejection of Class in Stable Value Suit
February 27, 2013 (PLANSPONSOR.com) – The ERISA Industry Committee (ERIC) is urging...