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401k & Defined Contribution Plan Consultant Planned Retirement Consultant & Administrators, LLC
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The Collapsing Legal Basis for Cross-Plan Offsetting
BenefitsPro; free registration required 
Aug. 11, 2021 "As a federal district court case, strict application of the ruling is generally limited to the litigants. However (especially in light of comments the [DOL] expressed in the 2019 Eighth Circuit case), it strongly appears that the prevailing view going forward deems that cross-plan offsetting violates an array of fundamental ERISA principles -- and for that reason this case holds greater than usual implications." [Lutz Surgical Partners PLLC v. Aetna, Inc., No. 15-2595 (D.N.J. Jun. 21, 2021)] |
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