U.S. High Court Grants Cert, Adds Question To ERISA Overfunded Plans Appeal

Mealey's (June 28, 2019, 10:43 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on June 28 granted a petition for a writ of certiorari filed by pension plan participants who were found by the Eighth Circuit U.S. Court of Appeals to lack standing under the Employee Retirement Income Security Act to bring suit over losses to the plan because the plan was subsequently overfunded and directed the parties to brief and argue an additional question (James J. Thole, et al. v. U.S. Bank, N.A., et al., No. 17-1712, U.S. Sup.)....