Benefits & Executive Compensation

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AllianceBernstein 401(k) Annuity Can Auto Enroll, DOL Says

An AllianceBernstein LP lifetime income strategy program meets the US Labor Department’s requirements to automatically enroll new 401(k) participants, according to a new advisory opinion.

Aronowitz Confirmed as Government’s Top Employee Benefits Cop

The US Senate confirmed President Donald Trump‘s nominee to head up the government agency regulating private-sector employee benefit plans.

Anthem Gets Nod for $12.9 Million Deal Over Mental Health Rules

Anthem Inc. received initial approval for a $12.9 million settlement resolving a class action claiming it wrongly refused to cover mental health and substance abuse treatments by using overly restrictive criteria for gauging medical necessity.

Mayo, Medica Lose Full Dismissal of Mental Health Case

Mayo Clinic and Medica Health Plan Solutions must face allegations that vague payment terms and an inaccurate provider directory force patients to pay high out-of-network bills, a Minnesota federal judge ruled.

American Airlines Ex-Worker Files Suit Over 401(k) Fees

A former American Airlines Inc. employee filed a proposed class action saying the airline mismanages a 401(k) plan holding more than $14 billion by failing to rein in administrative fee levels.

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Latest Stories

Amundi Executive Sees ‘Reshuffling’ of Ties to Asset Owners

How an asset manager handles climate risk is playing an increasingly important role in the choices that European institutional investors make when assigning mandates, according to Elodie Laugel, chief responsible investment officer at Amundi SA.

By Natasha White

Economic Luminaries Enter Legal Battle Over Fed Independence

A bipartisan group of former Treasury secretaries, Federal Reserve chairs and other experts urged the US Supreme Court not to let President Donald Trump fire Fed Governor Lisa Cook, arguing that the health of the economy is at stake.

Threat of Mass Job Cuts Raises Stakes of Government Shutdown

A fresh threat from President Donald Trump’s budget office of mass firings of federal workers if the government shuts down Oct. 1 incensed Democratic leaders and ramped up the political and economic stakes if lawmakers and the White House can’t reach a deal.

Labor Department Threatens H-1B Ban for Rule-Breaking Businesses

The US Labor Department is beefing up its role in enforcing temporary worker rules as the Trump administration spikes fees and oversight for employers of visa holders, putting companies on notice that they must comply or risk being blocked.

Bowman Says ‘Fragile’ Job Market Justifies More Rate Cuts

Michelle Bowman, the Federal Reserve’s top bank cop, said inflation is close enough to the central bank’s target to justify more interest rate cuts because the job market is weakening.

United Bank Signs $2 Million Settlement Over Forced Stock Sale

United Bank Corp. will pay $2 million to resolve litigation by former workers who say they were wrongly forced to sell the company stock they held in their employee stock ownership plan.

Health Insurers Target Consultant Over Surprise Billing Fraud

A string of lawsuits against a health-care consultant is spotlighting confusion around the arbitration process meant to stop surprise medical bills, as insurers allege providers are intentionally flooding the zone with ineligible claims.

Aetna Can’t Trim or Transfer Connecticut Fertility Coverage Suit

Aetna Life Insurance Co. failed to convince a federal judge that it wasn’t responsible for setting the terms of a health plan that’s accused of offering fertility treatment coverage that discriminates against LGBTQ+ patients.

The Ryder Cup Is an Uncanny Mirror for UK Big Law’s Aspirations

Top-flight law firms with roots across the pond are enjoying a run of success in the US after years of hovering around the proverbial cut line.

Judge Tosses Union Challenge to Trump’s ‘Fork-in-the-Road’ Offer

A federal judge in Massachusetts dismissed a union challenge to the Trump administration’s deferred resignation offer for government workers.

Big Law's Big Paychecks: Partner Compensation, Explained

Law firm partners in Big Law earn a lot of money, but just how much they make can vary widely. Whether it's equity or non-equity or merit versus lockstep, this video explains what goes into determining the size of those paychecks at elite law firms.

IN BRIEF

Case: Retirement Benefits/Benefits Calculation (S.D. Ohio)

The court denied a retiree’s motion for entry of judgment on his action seeking to recover benefits due to him under the terms of the UPS Pension Plan, to enforce his rights, and to clarify his rights to future benefits. Gragg v. UPS Pension Plan, 2025 BL 337767, S.D. Ohio, 2:20-cv-5708, 9/22/25

Case: Health Care & Benefits/Long-Term Disability Benefits (D. Or.)

The court granted a Morrow Equipment Company employee’s motion for judgment on the administrative record in her ERISA action against Unum Life Insurance challenging the denial of long-term disability benefits. Koehnke v. Unum Life Ins. Co. of Am., 2025 BL 335404, D. Or., Civ. No. 6:23-cv-00819-AA, 9/19/25

Case: Retirement Benefits/Preemption (D. Md.)

The court granted the American Funds Distributors Inc.'s motion for summary judgment on an estate’s breach of contract action relating to the decedent’s participation in the Waldorf Ford Inc. Salary Deferral 401(k) Profit Sharing Plan. Est. of Jenkins v. Am. Funds Distrib. Inc., 2025 BL 329245, D. Md., 21-cv-03098-LKG, 9/15/25