The Department of Labor’s (“DOL”) Employee Benefits Security Administration recently issued Pooled Employer Plans: Big Plans for Small Businesses, which contains interpretive guidance that seeks to encourage the establishment and adoption of pooled employer plans (“PEPs”) by demonstrating how
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (“OBBBA”). Among other things, the OBBBA created a “starter” individual retirement account called a “Trump Account” and authorized a program under which an employer can
A rapidly growing line of ERISA cases seeks to impose fiduciary standards of conduct—developed by courts largely in the retirement plan context—to health plan design choices. The most recent, Barbich et al. v. Northwestern University et al., No. 1:25-cv-06849 (N.D.
On June 30, 2025, the Supreme Court granted certiorari in M&K Employee Solutions, LLC et al. v. Trustees of the IAM Nat’l Pension Fund to address whether the requirement under ERISA section 4211 that multiemployer pension plans compute withdrawal liability
The California wildfires were officially declared a federal disaster by the Federal Emergency Management Agency (FEMA) on January 7, 2025. Plan sponsors and participants continue to navigate the financial and administrative impacts of these events. During this unpredictable time, plan
On March 28, 2025, two neighboring district courts issued sharply contrasting decisions on constitutional standing in lawsuits challenging pension risk transfers under the Employee Retirement Income Security Act of 1974 (“ERISA”). The United States District Court for the District of
In Hansen v. Laboratory Corporation of America, 2024 U.S. Dist. LEXIS 193350 (E.D. Wis. 2024), the U.S. District Court for the Eastern District of Wisconsin rejected a challenge to the authority of the Department of Labor (DOL) to promulgate a
In a closely watched ERISA case, the United States District Court for the District of Colorado has issued an order affirming the Magistrate Judge’s ruling in Harrison v. Envision Management Holding, Inc. Board of Directors et al (Case No. 21-cv-00304),
THE BENEFIT TO AN EMPLOYER OF INCLUDING BOTH A RELEASE AND A COVENANT NOT TO SUE IN A SEPARATION OR SETTLEMENT AGREEMENT WITH AN EMPLOYEE
ERISA class actions have been plaguing corporate America for more than a decade. There is
