High Court Upholds ERISA Plans' Time Limits For Claims

Law360, New York (December 16, 2013, 11:20 AM EST) -- The U.S. Supreme Court on Monday unanimously ruled against a former Wal-Mart Stores Inc. employee in her Employee Retirement Income Security Act suit, saying that the law allows employee benefit plans to contractually set time limits for participants to bring claims.

An an opinion penned by Justice Clarence Thomas, the high court held that the requirement that participants in plans covered by ERISA exhaust the plan's administrative remedies before filing suit to recover benefits does not mean that a plan and its participants cannot agree to...
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