January 04, 2017

Retirees’ Claim for Lifetime Health Benefits Denied

Using a relevant Supreme Court decision, a federal district court judge found there was no genuine issue of material fact showing agreements with unions promised inalterable lifetime health benefits.

December 27, 2016

Money Purchase Plan Loan Questioned by EBSA

According to EBSA, the SeaBoard Management money purchase plan trustees breached their fiduciary duties by failing to take action to recover funds owed to the plan, which were loaned in violation of ERISA.

December 22, 2016

New Trends in ERISA Litigation Appeared in 2016

ERISA lawsuits against retirement plans in 2016 have included new allegations not seen before and have spread to target different types of plans and plan sponsors, and experts predict more of the same in 2017.

December 21, 2016

Starwood Hotels Accused of Multiple Fiduciary Failures

Excessive fees, revenue-sharing, lack of a stable value fund and failing to follow fund selection for participants are among accusations in a lawsuit against the hotel chain’s administration of its 401(k) plan.