In this edition of Just a Minute!, Council Senior Vice President, Global Retirement and Compensation Policy, Lynn Dudley, describes the Council's ongoing response to the Supreme Court's unfortunate ruling in an important ERISA case.
Don't miss the upcoming webinar on May 7 at 2 p.m., to analyze the U.S. Supreme Court’s recent decision in Cunningham v. Cornell University and its potential to significantly increase litigation risk for retirement plan sponsors.
As part of a growing congressional effort to address plan litigation and regulatory overreach, Republicans in the U.S. House of Representatives have introduced two bills to promote transparency and uphold the voluntary nature of the private retirement system.
In a unanimous opinion issued April 17 in Cunningham v. Cornell University, the U.S. Supreme Court held that plaintiffs alleging a prohibited transaction under ERISA can proceed to discovery by merely stating that a plan hired a service provider, without first having to show that a statutory exemption does not apply.
In an April 15 executive order, the Trump White House put forth its plan for lowering prescription drug costs. The EO does not implement specific policy initiatives or requirements at this time, but directs federal officials to make recommendations and propose regulations that address prescription drug costs.
The Arkansas legislature recently passed HB 1150, which would ban PBM-affiliated pharmacies from operating in the state starting January 1, 2026. Citing the potential harm to employers and employees, the Council urged Governor Sanders to veto the bill.
The Arkansas legislature recently passed HB 1150, which would ban PBM-affiliated pharmacies from operating in the state starting January 1, 2026. Citing the potential harm to employers and employees, the Council urged Governor Sanders to veto the bill.
The American Benefits Council is a Washington D.C.-based employee benefits public policy organization advocating for employers that are dedicated to the achievement of best-in-class solutions that protect and encourage the health and financial well-being of their workers, retirees and families.
As we reported in the April 18 Benefits Byte, the U.S. Supreme Court issued a confounding and unfortunate unanimous opinion in Cunningham v. Cornell University, an important case testing the standards for bringing a lawsuit against a plan sponsor under ERISA.
In the latest episode of Just a Minute!, Council Senior Vice President, Global Retirement and Compensation Policy, Lynn Dudley, describes the Council's plan for mitigating the negative impact of the court's ruling.
Benefits Briefing Webinar: Spring 2025 Washington Update
April 29, 2025
Katy Johnson Remarks at The Conference Board Employee Health Care Conference (San Diego, CA)
May 1, 2025
Plan Sponsor Regional Roundtable: Atlanta
May 15, 2025
Plan Sponsor Regional Roundtable: Charlotte
May 16, 2025
Diann Howland Remarks at IFEBP Washington Update
May 19, 2025
Katy Johnson/Ilyse Schuman Remarks at HUB International May Legal & Compliance Conference
May 22, 2025
Memorial Day
May 26, 2025
For more information and registration on all events, click here.
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