Employee Retirement Income Security Act Litigation

With the passage of the Employee Retirement Income Security Act (ERISA) in 1974 a set of minimum federal standards for employer-sponsored welfare benefit plans (i.e., disability, life, health, retirement, etc.) was established for the purpose of protecting policyholders from fund mismanagement. Over the years, ERISA regulation has been expanded and includes unique rules governing the right to information, the disclosure of information, fiduciary duties, the appeals process and various procedural requirements.