The recent litigation challenging aspects of 403(b) retirement plans offered by universities across the country is reminiscent of the earlier wave of class action retirement plan lawsuits aimed at private employers.  However, the litigation is novel for being the first volley against retirement plans offered not only by higher education institutions, but by any large institution in the non-profit sector.  As the lawsuits wind through the courts, the combined lessons learned from the private sector litigation as well as the pending cases frame a window of opportunity for serious introspective review of retirement plan offerings, governance, fiduciary duties, and associated risks at your institution. 

This webinar aims to review the status of the current litigation as well as identify key considerations in mitigating legal and financial risks posed by your institution’s retirement plan offerings.  This webinar will cover:

• Status of current higher education 403(b) retirement plan litigation, including claims, defenses, and recent notable developments
• Key considerations in mitigating structural and oversight risks now and in the future that are posed by plan options, fees, and governance at both public and private institutions

Who Should Attend

This webinar will be of interest to general counsel, other campus attorneys, and outside attorneys who advise and litigate on behalf of colleges and universities in relation to retirement plans and deferred compensation benefits, administrators involved in the selection and/or governance of retirement plans, and the fiduciaries of such plans.