University Of Pennsylvania Seeks High Court’s Review Of Ruling In 403(b) Plan Dispute

(December 18, 2019, 1:18 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court should grant review in a suit alleging that the University of Pennsylvania acted imprudently while administering a 403(b) defined contribution, individual account employee pension benefit plan because the Third Circuit U.S. Court of Appeals’ decision contradicts decisions by the high court and by four other courts of appeals, the university says in a Dec. 16 petition for writ of certiorari (University of Pennsylvania, et al. v. Jennifer Sweda, et al., No. n/a., U.S. Sup.)....

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