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Co-fiduciary Can’t Be Sued for Indemnification in 8th or 9th Circuits First Reliance Standard Life Ins. Co. v. Giorgio Armani Corp. U.S. No. 21-861, Cert. Denied 2/22/22

Benefits Notes

Section 405 of the Employee Retirement Security Act of 1974 (ERISA) provides for joint liability for co-fiduciaries of a pension, health or welfare benefit plan. In this case, there was an enrollment error in signing up an employee for life insurance coverage with his employer – Georgio Armani Corp.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Enhancing Employee Health And Well-being: Benefits like health insurance, wellness programs, and mental health support contribute to employees' physical and emotional well-being. The health and well-being of our employees is a top priority because they are our company's greatest asset.

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Are Workers’ Compensation benefits protected against the rising cost of living?

Workers' Compensation Perspectives

Over time, savings may be depleted, debts incurred, and their health and welfare diminished—furthering the burden of their original work-related injuries. Other real expenses that are excluded from the “basket of goods” [in Canada, at last] are real estate and life insurance.