Tag: ERISA

Supreme Court Decision Could Impact ERISA Plan Litigation

By Jane Meacham, retirement plans editor The U.S. Supreme Court’s recent decision in Spokeo Inc. v. Robins, 13-1339, U.S. (May 16, 2016), which encourages Employee Retirement Income Security Act (ERISA) plaintiffs to allege a “concrete” injury, is viewed by many in the ERISA legal community as likely to reshape litigation against employer-sponsored retirement plans.

ERISA’s Impact on Data Breach Lawsuits

By Sandra R. Mihok, member, Eckert Seamans Attorneys at Law Health insurance companies have increasingly become the target of cyberattacks, a trend which has spurred a wave of class action lawsuits brought by individuals whose personal information has been breached.

Follow-up McCutchen ruling shrinks plan recovery

A federal district court in Pennsylvania denied a large part of US Airways’ attempted recovery from the estate of plan participant James McCutchen, citing inconsistencies between the company’s plan document and summary plan description. If a plan’s official plan document states that its language trumps that of the SPD, the plan should not assert rights […]

Supreme Court’s ERISA ruling a victory for self-insured employers

The U.S. Supreme Court’s March 1 ruling in a Vermont case relieves self-insured employers from the obligation to report claims data to state governments that have established databases reflecting healthcare use and costs for citizens. The reach of the ruling extends beyond Vermont to all self-insured plans. “It absolutely has national implications,” Linda J. Cohen, […]

Fiduciary Duties Are Myriad, So Safeguards Matter

Monitoring the performance of service providers, making required disclosures to participants and beneficiaries, keeping good records and filing reports with the government are just a few of the important functions a fiduciary must ensure are properly executed, an enforcement official at the U.S. Department of Labor’s Employee Benefits Security Administration unit told a group of […]