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Bronx: In the wake of the e-bike battery fires, the New York City Council is considering a bill to designate emergency evacuation centers. While this is laudable, what is dismaying is the utter lack of any legislation in the city or the state getting to the root of the problem.
The cost of a plan amendment to allow safe harbor and true-up contributions prompted Great Lakes Management Co. to allege USI Consulting Group acted negligently.
Federal judge allows lawsuit against American Airlines’ defined contribution plans to proceed.
A judge determined the retirement plan recordkeeper and third-party administrator misappropriated millions in clients’ plan assets.
Appellate courts have different interpretation of prohibited transaction rules under the Employee Retirement Income Security Act, paving the way for a potential Supreme Court decision.