Revisiting ERISA Plan Documents and SPDs in the New Year

On December 30, 2024

The Employee Retirement Income Security Act of 1974 (ERISA) governs employee benefit plans maintained by private-sector employers. ERISA requires that employer-sponsored welfare benefit plans, such as group health plans, be described in a written plan document. Employers must also provide participants with a Summary Plan Description (SPD) that explains the plan’s terms. Note, however, that […]

On October 7, 2024

The federal Department of Labor (DOL) recently updated its cybersecurity guidance and confirmed it applies to all plans governed by the Employee Retirement Income Security Act (ERISA).

On September 9, 2024

The Employee Retirement Income Security Act of 1974 (ERISA) marked its 50th anniversary on September 2, 2024. Over the past five decades, ERISA has served as the primary federal law governing employee benefit programs. Major federal legislation affecting group health insurance plans, including the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), the Health Insurance […]

On September 9, 2024

Following in the footsteps of the class action suit filed against Johnson & Johnson earlier this year, another group of employees filed a breach of fiduciary duty lawsuit against Wells Fargo. The lawsuit, Navarro v. Wells Fargo & Co., contains many of the same allegations as the Johnson & Johnson case. This is the latest in an emerging […]

Revisiting ERISA Plan Documents and SPDs in the New Year

Department of Labor Confirms Cybersecurity Guidance Applies to Group Health Plans

Happy 50th Birthday, ERISA!

Latest Healthcare Fiduciary Lawsuit Filed Against Wells Fargo