ERISA Victory in Thole v. US Bank

Today the Supreme Court decided Thole v. U.S. Bank in favor of the U.S. Bank holding that the plaintiffs lacked standing since they would receive the same benefits whether they won or lost.

Electronic Disclosure of Plan Documents Provides Significant Advantages

ERIC is pleased the Department of Labor recognizes the significant advantages electronic disclosure provides for participants, as well as for plan sponsors and administrators and has finalized its rule on default electronic disclosure. The necessity of this rule is highlighted by the current pandemic, which emphasizes the need for electronic delivery options for times when paper delivery is unsafe or unavailable.