Scorecard: College Retirement Plan Litigation Three Years Later

Washington University in St. Louis and a group of workers who say they got a bad deal from the school’s retirement plan will argue their case today before the Eighth Circuit.

The arguments come as the litigation series against elite college retirement plans enters its third year, with six settlements, one appeals court decision, and one trial under its belt.

The 20 lawsuits—which target Yale University, New York University, Massachusetts Institute of Technology, and others—claim the schools’ retirement plans charge excessive fees and offer too many bad investments. The retirement benefits of at least 470,000 people, along with more than ...