Benefits & Executive Compensation News

Chamber Backs Mandatory Arbitration of Employee Benefit Issues

Nov. 7, 2017, 2:27 PM

The U.S. Chamber of Commerce is asking a federal appeals court to give employers the power to force disputes over employee benefits into arbitration.

The Chamber is backing the University of Southern California in its attempt to move a proposed class action over the fees associated with its retirement plan into arbitration. In a brief filed Nov. 6, the Chamber asked the U.S. Court of Appeals for the Ninth Circuit to rule that employment agreements with arbitration clauses—like the ones USC required its workers to sign—apply to disputes involving retirement plans governed by the Employee Retirement Income Security Act (...

To read the full article log in. To learn more about a subscription click here.