First Church Plan Case Settles – Overall v. Ascension

On Friday, May 8, 2015, the parties in Overall v. Ascension Health filed a motion seeking approval from the district court to settle the claims brought by the plaintiffs. Of the at least ten “church plan cases” that have been filed challenging the scope of the church plan exemption from ERISA, this case is the … Continue reading First Church Plan Case Settles – Overall v. Ascension

Court Finds Catholic Hospital Plan is a Church Plan – Overall v. Ascension Health

Today, May 9, 2014, the court in Overall v. Ascension Health dismissed the plaintiff’s claims seeking to find that the pension plans sponsored by defendants are not church plans, and thus subject to ERISA. Instead, the court agreed with the defendants and the long time IRS interpretation of the church plan exemption and ruled as … Continue reading Court Finds Catholic Hospital Plan is a Church Plan – Overall v. Ascension Health

Overall v. Ascension Health

Case Highlights Status of the Case: This case is a sister case to four other similarly alleged cases: Chavies v. Catholic Health East Medina v. Catholic Health Initiatives Rollins v. Dignity Health Kaplan v. Saint Peter’s Healthcare System Plaintiffs allege that the defined benefit pension plan sponsored by the defendant, a non-profit hospital conglomerate, is … Continue reading Overall v. Ascension Health

Supreme Court Declines to Hear “Would Have” vs. “Could Have” ERISA Case

The United States Supreme Court has been busy lately as today, Monday June 29, 2015, marks the end of the 2014-2015 term. Although much has been written about the multiple high profile cases decided in the last week, the Court also published an extensive list today of cases they have agreed to hear next term … Continue reading Supreme Court Declines to Hear “Would Have” vs. “Could Have” ERISA Case

$140 Million Settlement: What it Means to Your Retirement Plan Practice

[The following article by David Witz originally appeared on the eMoney Advisor blog and is reposted here with permission] In December 2014, two parties in a high-profile ERISA fiduciary breach case filed a motion for the court to approve a settlement worth $140,000,000. This settlement is nearly 10-times greater than some other recent high-profile settlements. To … Continue reading $140 Million Settlement: What it Means to Your Retirement Plan Practice