Browsing Tag
ERISA
280 posts
ERISA (Employee Retirement Income Security Act) is a 1974 U.S. federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry. It aims to protect plan participants by requiring plans to provide information, establish fiduciary responsibilities, and give participants the right to sue for benefits and breaches of duty. ERISA also guarantees payment of certain benefits through the Pension Benefit Guaranty Corporation if a defined plan is terminated.
DOL Appoints 5 to 2025 ERISA Advisory Council
Leadership also announced as Mayoung Nham will continue to serve as Council Chair and Anusha Rasalingam will serve as Vice Chair in 2025
UnitedHealth Group Agrees to Historic $69 Million 401(k) ERISA Settlement
Amount believed to be largest ever for an ERISA case about poorly performing investment options in a 401(k) plan
ERISA’s Next 50 Years
As defined contribution plans have taken over for defined benefit plans over the first 50 years of the landmark legislation, enabling increased access to 401(k)s, more personalization, better use of auto features and retirement income are among the key issues ERISA is expected to face looking forward.
Current State of Retirement Plan Forfeiture Litigation Subject of Wagner Law Update
25 forfeiture lawsuits have been filed to date; brief focuses on recent Clorox decision and potential impact of Supreme Court Loper Bright ruling
Post-Chevron Ruling Toolkit Rolled Out by ERISA Law Firm
Resource designed to help clients understand, anticipate and navigate the full impact of June’s landmark Supreme Court decision
2025’s Best ERISA Law Firms Revealed; Groom Takes Top Honor
Groom Law Group, Chartered named ERISA “Law Firm of the Year” for Litigation by Best Law Firms
Recommendations to the ERISA Advisory Council Regarding Target Date Funds
Ron Surz stresses that TDFs need better protections in recommendations to the Council
Reflecting on ERISA: Industry Celebrates its Past with an Eye Toward its Future
Leaders tout landmark law’s impact and evolution while preparing for what’s next
Retirement Industry Gathers to Celebrate ERISA at 50
ERISA 50th Symposium and Gala taking place in Washington D.C. on Thursday; daytime event will be livestreamed for those unable to attend in person
Fiduciary Rule Update and ERISA at 50 with Lathrop GPM’s Allie Itami
On this episode, ERISA attorney Allie Itami discusses the fiduciary rule delays, its impact on compliance, and challenges with annuities in 401(k) plans.