Although there are more than 1.3 million attorneys in the United States, “legal deserts” can be found across vast expanses of the country and all over Indiana, according to a recent report from the American Bar Association.
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The Indiana Public Retirement System is divesting from holdings in Hong Kong worth almost $170 million, more than two years after lawmakers banned investments in Chinese interests.
Two units of local government with “delinquent” pension plans told lawmakers Monday that they’d find ways to bridge the shortfalls. The Fort Wayne Public Transportation Corporation, known as Citilink, and Vanderburgh County Sheriff’s Office both had to state their cases.
The Indiana Public Retirement System last week finished disbursing almost $60 million to more than 160,000 retired former public employees.
The House Ways and Means Committee on Thursday unanimously advanced a Republican leadership priority bill offering public retirees a bump in benefits.
Indiana’s House Republicans will prioritize boosting retirement benefits for public employees and banning antisemitism in public educational institutions, alongside bills on job training and administrative law. Democrats, meanwhile, focused on accountability.
Indiana’s Public Retirement System (INPRS) says it’s “ahead of schedule” in pulling out of its Chinese investments after lawmakers approved a ban in May.
A father challenging a parenting time order and the division of marital assets has failed to convince the Court of Appeals of Indiana to overturn the final order in his divorce case.
President Joe Biden issued the first veto of his presidency Monday, seeking to kill a Republican measure that bans the government from considering environmental impacts or potential lawsuits when making investment decisions for Americans’ retirement plans.
Indiana and its investment managers can’t make government employee pension system investments based on environmental, social or governance criteria, Attorney General Todd Rokita wrote in an advisory opinion released Thursday.
A trial court did not err in deferring the distribution of a man’s pension to his ex-wife until he retires, but it did err in failing to protect the ex-wife’s portion of the pension, the Court of Appeals of Indiana has ruled.
Cook Group, the Bloomington-based maker of medical devices, is being sued by a participant of its 401(k) retirement plan, who claims the plan charged unreasonably high fees, cutting the value of the retirement benefits.
Eli Lilly and Co. is one of hundreds of U.S. companies being sued in the recent trend in litigation: excessive fees on 401(k) retirement plans.
Former Clark County REMC directors weren’t guaranteed health insurance reimbursement in their retirement after a policy change terminated the benefit, the Indiana Supreme Court has ruled. In a Wednesday opinion, the high court reversed Clark Circuit Court’s grant of summary judgment to the plaintiffs after finding the REMC’s policy was not a binding contract because the policy wasn’t an offer.
An Indianapolis businessman who was accused of taking part in a Ponzi-like scheme that robbed numerous investors of their retirement savings has been convicted of conspiracy to commit securities fraud and wire fraud, federal authorities announced Monday.
The Biden administration nullified a Trump-era rule Wednesday that would have made it easier to classify workers as independent contractors, blocking a change supported by delivery and ride-hailing services.
Most Americans agree that government should help people fulfill a widely held aspiration to age in their own homes, not institutional settings, a new poll finds.
A local utility breached its contract with its former directors when it revoked their health insurance coverage, a majority of the Indiana Court of Appeals has ruled. A dissenting judge, however, found that the majority engaged in a “logical fallacy” in holding that the utility was obligated to continue providing coverage to the plaintiffs.
A ex-husband will again take his challenge of the final judgment in his divorce case back to the trial court after the Indiana Court of Appeals ordered a second remand to address the division of marital property.
A dispute over the terms of a prenuptial agreement has resulted in the division of part of a man’s nearly $1 million retirement accounts with his ex-wife. A dissenting judge, however, would not award the wife any portion of the retirement funds.
A split 7th Circuit Court of Appeals panel affirmed a grant of summary judgment to the Social Security Administration on Monday in a class-action suit brought by a Canadian woman with dual citizenship who alleged her U.S. Social Security benefits were wrongly reduced based on similar benefits she receives from Canada.