Dossier
Employee Retirement Income Security Act (ERISA)
Coverage of Employee Retirement Income Security Act (ERISA) in the Nexus archive.
- How a seemingly unexciting case on retirement plans could have massive consequences
The Supreme Court will decide in Anderson v. Intel Corporation Investment Policy Committee whether plaintiffs must identify a 'meaningful benchmark' to sue over underperforming retirement investments. The case centers on Intel's post-2008 shift to diversified funds prioritizing loss reduction over high returns, which plaintiffs argue trailed stock-heavy funds despite meeting inflation-adjusted targets. The outcome could reshape litigation risks for employer-sponsored retirement plans under ERISA, affecting over 100 million Americans.