Compliance

Plaintiffs argue the outdated tables had the effect of reducing the value of employees’ pensions by underestimating the plaintiffs’ life expectancy.

The contribution limit adjustments reflect cost of living changes from this year.

The environment for crypto could change as it becomes more accepted in retirement products.

Plaintiffs have alleged fiduciary breaches against retirement plan fiduciaries for the International Union of Elevator Constructors.  

Defense and plaintiff attorneys offer strikingly different accounts of the systemic issues haunting the ERISA litigation space.

Speakers emphasized the distinctions between ESG and sustainable investments and the need for greater regulatory clarity between jurisdictions.

The Pension Benefit Guaranty Corporation proposal clarifies assumptions for determining an employer’s withdrawal liability.

The increase is aimed at combating rising inflation.

Attorneys for the defendants have asked a federal district court to dismiss ERISA fiduciary breach claims.

The energy company was sued by two former employees for keeping poorly performing options on its retirement fund menu.

The updated guidance waives the excise tax for those who failed to take a required minimum distribution in 2021 and 2022.

After a year of partial payouts to pension participants, a local Sheet Metal Workers pension plan will receive $29 million in assistance from the PBGC.

The Mental Health Matters Act moves to the Senate after House passage, and would eliminate forced arbitration clauses, class action waivers, discretionary clauses, and representation waivers in ERISA-governed...

The plaintiffs have alleged Mutual of America plan fiduciaries using a closed-architecture recordkeeping platform caused plan participants to pay excessive fees for recordkeeping and administrative services.  

The plaintiffs’ fiduciary breach claims were dismissed, with prejudice, in United States District Court for the Eastern district of Wisconsin

Vernon and Shirley Hill will pay more than $2 million after claims the couple invested as much as 70% of a profit-sharing plan’s assets in the stock of...

The Retirement Savings Modernization Act would explicitly state that 401(k) plans can include investments in all asset classes, though this is not currently banned under existing law.

The plaintiffs received early approval for class settlement in a retirement plan lawsuit against the Carolinas Auto Club that alleged breach of fiduciary duty.

Plaintiffs had alleged that Home Depot did not monitor their retirement plan offerings closely, and that they charged participants excessive fees that damaged their retirement accounts.