NY Choice Savings Program Implementation Phase Begins

Nelita Collins

Related Practices & Jurisdictions Last year, New York State joined an ever growing number of states requiring certain employers to either offer employees a retirement savings plan or enroll in the applicable state program. More specifically, the New York State Secure Choice Savings Program (“NY Secure Choice”) provides a retirement […]

Investment Choice Process in ERISA Excessive Fee Litigation

Nelita Collins

Wednesday, December 29, 2021 Under ERISA, prudence is process, process, and more process. By following a broadly inclusive investment choice process, Northwestern University’s 403(b) plan fiduciaries secured dismissal of the lawsuit now under consideration by the Supreme Court.1 In contrast, New York University’s 403(b) plan fiduciaries were unable to dismiss allegations […]