Supreme Court Takes on Overfunded Defined Benefit Plan Case
Posted on 07/16/2019
The U.S. Supreme Court, lately criticized for not accepting cases, has bucked the trend by agreeing to decide a case that will determine whether pensioners can sue their plan fiduciaries for mismanagement, even if they haven’t personally suffered financially. Members in the U.S. Bancorp Pension Plan originally filed their suit in 2013, alleging that failing […]