Supreme Court blesses plan's shorter statute of limitations provision

A participant in an employee benefits plan may contractually agree to a statute of limitations that begins to run before the employment claim accrues. The U.S. Supreme Court recently held that a long-term disability plan may enforce a provision that requires a participant to file suit within three years after the due date for proof of disability, despite the fact that the participant must first exhaust her administrative remedies during that three- year period. Read More...