Employee Benefits / General

Supreme Court holds “actual knowledge” in ERISA statute means “what it says”

On February 26, 2020, the Supreme Court held that the term “actual knowledge” in the ERISA statute of limitations clause found in 29 U.S.C. §1113(2), ERISA §413 applicable to breach of fiduciary duty cases means “what it says”:  “to have ‘actual knowledge’ of a piece of information, one must in fact be aware of it.”...