Tag: US Bancorp Pension Plan

Newsmakers June 1, 2020

Supreme Court Rules Pensioners in Fully Funded Plans Can’t Serve ERISA Suits

Plaintiffs charging mismanagement of funds would have received the same fixed payment regardless of investment outcomes, the ruling said.

August 27, 2019

Game Changer? Challenge to Pension Plan Could Bring More Lawsuits

If the Supreme Court backs beneficiaries over US Bank’s overfunded program, look for more actions against company retirement funds.

Newsmakers July 1, 2019

Supreme Court to Eye Money-Losing Pension Investments

Question is: Can plan beneficiaries sue over risky asset allocations, despite the plan’s return to full funding?