The Department of Labor’s Employee Benefit Security Administration is issuing a proposed rule that would supersede the existing procedure governing the filing and processing of applications for administrative exemptions from the prohibited transaction provisions of the Employee Retirement Income Security Act.
The SPARK Institute has released for public comment draft Best Practices for ERISA-covered 403(b) plans that must file a full Form 5500.
An Employee Retirement Income Security Act (ERISA) law firm and an insurer have teamed up to prepare a guide about ERISA’s fiduciary liability provisions and how fiduciary insurance can help mitigate potential liability.
A federal judge in Georgia has cleared Home Depot of wrongdoing in a stock drop lawsuit.
Workplace law firm Jackson Lewis has opened its 46th office in Milwaukee, Wisconsin.
Portland, Oregon-based law firm Schwabe, Williamson & Wyatt has added Wally Miller as a shareholder as part of an expansion of its practice in employment law.
The trustee of an employee stock ownership plan (ESOP) acted in good faith when it determined the fair market value of company stock, so it did not violate prohibited transaction rules, a judge has determined.
The U.S. Supreme Court on Monday set a new standard for litigants suing under Section 502(g)(1) of the Employee Retirement Income Security Act (ERISA) to be awarded attorneys’ fees.
Secretary of Labor Hilda L. Solis filed an amicus curiae brief with the 4th U.S. Circuit Court of Appeals supporting the remedy of awarding plan participants a “surcharge” to recover monetary damages for fiduciary breaches.
Research has illustrated that women and minorities lag in retirement savings—and now the government is looking into what, if anything, should be done about it.
The impact of health care law on the future of qualified retirement plans.
The 2010 ERISA Advisory Council will study whether the audit requirement and financial reporting model contained in the Employee Retirement Income Security Act (ERISA) §§ 103 and 104 provide the protections to plan participants and beneficiaries that Congress originally intended.
A pair of litigators has teamed up to bring an ERISA class action suit against the Publishing House of the Evangelical Lutheran Church in America.
A federal judge in Georgia has thrown out claims by 401(k) participants that Beazer Homes USA breached its fiduciary duties by offering company stock as an investment option when it was no longer prudent.
The American Society for Pension Professionals and Actuaries (ASPPA) has requested transitional relief for 501(c)(3) organizations offering 403(b) plans that have found themselves inadvertently subject to Title I of ERISA.
Secretary of Labor Hilda L. Solis has filed an amicus brief asking the 7th U.S. Circuit Court of Appeals to overturn a trial court's dismissal of a class action against Exelon Corp.
The ERISA Industry Committee (ERIC), joined by the American Benefits Council, have filed a friend of the court brief urging the 2nd U.S. Circuit Court of Appeals to uphold the dismissal of a case alleging Citigroup violated its fiduciary duties by continuing to hold company stock in its retirement plans when it was no longer prudent.
An Illinois-based retirement plan consulting firm has introduced a Fiduciary Fitness Review for plan sponsors.
ERISA law firm Reish & Reicher has added another attorney to its Employee Benefits practice.