Bank of America Corp.'s investment management unit won a court order clarifying that an incentive compensation program ...

Enacted in 1974, ERISA is a federal law designed to protect the interests of individuals participating in most voluntarily established pension and health plans in the private sector. It does this ...

In a recent decision by the U.S. District Court Northern District of Texas, Judge Matthew J. Kacsmaryk ruled that the U.S. Department of Labor’s ...

The Employee Retirement Income Security Act, or ERISA, is a federal law enacted in 1974 that protects retirement assets by requiring clear plan details, fiduciary responsibility and participant ...

In late October 2024, the United States Court of Appeals for the Eleventh Circuit ruled in Romano v. Hancock Life Insurance ...

Legal experts said there have been a growing number of legal cases against health insurers involving an obscure and ...

The case demonstrates ERISA’s complexity. The law, which governs employee benefits areas ranging from retirement to health insurance, can be overwhelming for HR professionals to comply with ...

A former Clorox Co. employee advanced a proposed class action saying the company mismanaged its 401(k) plan by using ...

as amended (ERISA), but they are subject to the federal tax rules that apply to other 401(k) plans, including the ERISA-like prohibited transaction rules in section 4975 of the Internal Revenue ...

The Pennsylvania utility PPL has agreed to pay $8.2 million to settle claims by participants in four defined contribution ...

ERISA was signed into law by President Gerald Ford on Sept. 2, 1974 and today oversees approximately 2.8 million health plans, 765,000 private pension plans and 619,000 other welfare benefit plans ...

The 6th Circuit upheld, writing that the plaintiff’s arguments misconstrued either ERISA’s text or the court’s precedent. “We reject [the plaintiff’s] request to change the rules,” the ...