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Retirement

Aug 9, 2025

Retirement: North Carolina seeks recoupment of erroneously paid retirement benefits

Where a woman who erroneously received extra retirement benefits filed suit after the state began recoupment efforts, but each of her claims failed as a matter of law, her suit was dismissed. 

Oct 10, 2024

Retirement: Company liable for delinquent contributions to multiemployer benefit plans

Where a benefit fund demonstrates that the employer failed both to pay contributions owed and to maintain pertinent records, the burden shifts to the employer to prove the precise amount […]

Oct 10, 2024

Retirement: Res judicata bars challenge to Virginia state retirement law

Where a state employee convicted of embezzling state funds challenged a Virginia law requiring forfeiture of the state’s contribution to his retirement account, but his suit was barred by res […]

Sep 23, 2024

Retirement: Excessive fees suit is dismissed

Where the member of a retirement plan alleged her employer permitted excess fees to be charged to plan member accounts for managed-account services and legal fees, but she failed to […]

Sep 16, 2024

Retirement: Company kept low-performing funds in retirement plan

Where a company sued for failing to remove low-performing investment options in its retirement plan argued that a hypothetical prudent fiduciary in its position would have made the same decision, […]

Sep 4, 2024

Retirement: Class certified in imprudent investment suit

Where plaintiffs alleged a plan sponsor violated fiduciary duties by failing to monitor and remove imprudent investment options from the plan, their motion for class certification was granted. Background Peter […]

Jun 24, 2024

Retirement: Court approves settlement over ESOP

Where a putative class-action lawsuit was filed over alleged losses to an Employee Stock Ownership Plan, or ESOP, and the court found the settlement and plan of allocation were fair, […]

retirement
Sep 20, 2021

Sea change? The pandemic may be shifting patterns in retirement

When you reach a certain age, retirement is on everyone’s mind. And the age varies. Several of my schoolteacher friends reached retirement age a couple of years ago. Retirement was […]

Coins spilling out of piggy bank
Jul 13, 2020

Bankers sued over retirement plan finances

A federal judge says a $12 million lawsuit can go forward against a group of bank officials accused of lining their pockets at the expense of employees’ retirement benefits. The […]

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Feb 17, 2020

To attract more ‘seasoned’ lawyers to bench, pensions being studied

Legislators hope that by collaborating with the courts and the state retirement system they can adjust judicial pension formulas to attract more “seasoned” lawyers to the bench. Senators from both […]

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Dec 9, 2019

Pension distribution order fixed after 21 days

A divorced couple’s pension distribution order was final and unassailable after 21 days, according to a ruling last month from the Supreme Court of Virginia. Even though a statute expands […]

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