Rulings from the U.S. Supreme Court: Fiduciaries, ACA, and union fees

CAB 14-5: The U.S. Supreme Court in late June decided three cases that while apparently narrow in scope, may be of broad interest to employers. The cases involve: standards for fiduciaries in ERISA-covered retirement plans with employer stock as an investment option; the Affordable Care Act’s (ACA) requirement that certain preventive healthcare benefits – which include coverage for contraceptives – be provided at no cost to group health plan participants; and the required payment of union fees by certain state workers under a state law.

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