Tag: ERISA

$18.1M ERISA Lawsuit Settlement Price Tag for MIT

In addition to the sizable monetary settlement, the defense has agreed to certain changes in the way it pays for recordkeeping and administrative services—though MIT in the end admits no wrongdoing or further liability.

U.S. Weighs In on Supreme Court Consideration of Pension Case

Both the U.S. Solicitor and the Pension Rights Center argue that current funded status of a defined benefit (DB) plan is not a proper measure for whether the participants have a right to sue for breaches of fiduciary duties and prohibited transactions under ERISA.