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ARTICLE · 04 OCTOBER 2017

ERISA Newsletter - Third Quarter 2017

Proskauer Rose LLP
Proskauer Rose LLP
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Proskauer Rose LLP

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As we have observed on other occasions, the ERISA class action plaintiffs' bar has, for several years now, honed in on 401(k) plan fiduciaries and their decisions to select and retain investment...

United StatesEmployment and HR
Stacey Cerrone
Stacey Cerrone
Russell Hirschhorn
Russell Hirschhorn
Myron Rumeld
Myron Rumeld
Howard Shapiro
Howard Shapiro
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EDITOR'S OVERVIEW

As we have observed on other occasions, the ERISA class action plaintiffs' bar has, for several years now, honed in on 401(k) plan fiduciaries and their decisions to select and retain investment options that they allege, in hindsight, underperformed and/or were too expensive. More recently, they have done the same for 403(b) plans sponsored by non-profit institutions. Our featured article this quarter reviews current developments in these lawsuits and urges, as a means to stem this tide and the associated costs, judicial enforcement of heightened pleading standards established by the U.S. Supreme Court.

We also cover developments concerning the DOL fiduciary rule, disaster relief, wellness programs, disability benefits retiree benefits, exhaustion of administrative remedies, and health care reform.

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