NEW YORK - Not-for-profit agencies breached their fiduciary duties under the Employee Retirement Income Security Act by failing to increase contributions made to a multiemployer welfare benefits plan and by failing to collect overdue contributions from one of the contributing employers in order to satisfy a judgment against the plan in favor of a former participating employer, the Second Circuit U.S. Court of Appeals affirmed March 13 (L.I. Head Start Child Development Services, Inc., et al. v. Economic...(read more)![]()
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