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The closing agreement stated that healthcare coverage "shall continue" for retirees and their spouses as provided in the applicable CBA.

The Massachusetts Supreme Judicial Court upheld a $1.4 million jury verdict in favor of a former fire chief who claimed retaliation after complaining about gender-based differential treatment of his niece, a probationary firefighter.

As the U.S. Supreme Court considers whether to grant a writ of certiorari in a case involving the handling of a chain restaurant’s retirement plan assets in bankruptcy, the U.S. Solicitor General is arguing that the court should decline review. According to the Solicitor General, the case’s “idiosyncratic” nature makes it inappropriate for further review, as it is unlikely to provide useful guidance for litigants and lower courts.

A district court in New York has held that a plaintiff cannot assert claims against a plan in which she did not participate and cannot assert claims of fiduciary breach without plausible allegations of wrongdoing.

A federal district court in Georgia recently dismissed a suit brought by participants in the SunTrust Bank 401(k) savings plan...

On November 9, 2020, the Supreme Court declined to consider an appeal from the Second Circuit Court of Appeals in Retirement Plans Committee of IBM v. Jander,...

On Jan. 24, 2022, the U.S. Supreme Court, in an 8-0 decision*, reaffirmed and extended its holding in the 2015 Tibble v. Edison case, such that ERISA retirement plan fiduciaries, as part of their duty of prudence...

Just when we were about to draft our blog reminding plans of the expiration of the temporary relief. . . The IRS has now issued Notice 2021-40 ...

The parties in a $500 million proposed class action lawsuit over unpaid severance—including terminated Twitter employees, X Corp.

Recently, a Texas federal court denied the defendants' motion to dismiss in a lawsuit featuring allegations that an employer's 401(k) plan, which allegedly relied on ESG principles when making investments, violated ERISA.

Last week, the Fifth Circuit Court of Appeals vacated and remanded the appeal from a lower court's decision upholding the Biden Administration's Department of Labor rule enabling ERISA plans to consider...

The U.S. Supreme Court recently issued an important decision that renewed its endorsement of the deferential treatment of plan fiduciary and administrators’ interpretations of ERISA governed pension plans.

Especially upon plan termination, locating missing participants can be a major headache for plan sponsors, who have a fiduciary obligation to locate participants and distribute benefits under the terminating plan.

The Supreme Court has held unanimously that a 1980 amendment to ERISA means that a pension benefit plan need not be established by a church in order to be exempt from ERISA rules, including most importantly, its funding rules.

Those who declined to retire had to contribute an additional 3% of their salary to the pension plan.

The changing judicial backdrop puts greater pressure on employers, plan trustees and other ERISA fiduciaries to consider their legal duties more carefully, and adopt more rigorous procedures that insure compliance.

The unofficial deadline of April 15 for the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024), the tax deal authored by Senate Finance Committee Chairman Ron Wyden...