plans and the University by two former employees who claimed that the committee’s actions with respect to the plans had violated the Employee Retirement Income Security Act (ERISA). The case, one of ...
or ERISA, is a federal law enacted in 1974 that protects retirement assets by requiring clear plan details, fiduciary responsibility and participant rights. Employers and plan administrators must ...
And while legislative updates to ERISA have made it easier than ever for many people to save for retirement in 401(k) plans, nearly one-third of private-sector workers lack access to an employer ...
"Employers cannot use ERISA's provisions encouraging wellness ... $134,222 to employees participating in the company's health plan who were charged extra for using tobacco. The lawsuit was filed ...