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Expert Analysis

Time Is Not Relative For ERISA Statutes Of Limitation

Law360, New York ( January 21, 2014, 6:54 PM EST) -- On Dec. 16, 2013, the U.S. Supreme Court announced that an Employee Retirement Income Security Act plan's own contractual time period for contesting plan benefit disputes is enforceable. Plan-based statutes of limitations will be enforced unless the time period specified is "unreasonably short or [where] a controlling statute prevents the limitations provision from taking effect." Writing for a unanimous court, Justice Clarence Thomas concluded: "Neither condition is met here." Heimeshoff v. Hartford Life & Accident Insurance Co., No. 12-729....

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