This week, another major retirement plan fee lawsuit was filed and a Supreme Court decision alerts Employee Retirement Income Security Act (ERISA) health plan sponsors to be quick when requesting reimbursement from employees who recoup medical costs from a third party. New rules may affect how local governments manage their pensions and how churches design their retirement plans. We also reported about cost-cutting trends in the defined benefit (DB) plan space and what commenters think about the Department of Labor’s proposal for state-run retirement plans for private-sector workers. Have a happy weekend!
It is essential for plan sponsors to understand how liens work under ERISA—and how a recent Supreme Court decision puts serious time pressures on the collection of equitable relief from participants and beneficiaries.Read more >
Share the good news with a friend! Pass the NewsDash along – and tell your friends/associates they can sign up for their own copy.Read more >