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SCOTUS Rules In Favor Of Hobby Lobby
RE: SCOTUS Rules In Favor Of Hobby Lobby
(July 3, 2014 at 11:04 am)Jaysyn Wrote:
(July 3, 2014 at 10:15 am)Heywood Wrote: Yes in principle you can choose what goes on the menu of mutual funds employees can choose from. However it would be impossible for you to limit the menu to funds which coincide with your religious beliefs without running afowl of pension laws.

Very clear now that you are just making shit up. There are no "pension laws" that force a company to pick one set of mutual funds over another.

The laws require the menu of funds be crafted to meet the goals of the participants....not the sponsors. This is a very important distinction that you seem to have trouble understanding. It doesn't matter that there are plenty of religious funds to choose from. Hobby Lobby can't craft its menu to only include religious funds. If a company did that, they would be putting their social goals ahead of the goals of the retiree which is against the law.

The department of labor has already ruled that companies cannot craft menus consisting only of funds which only invest in green companies. There is no reason to believe the DOL wouldn't rule against companies wishing to craft menus based on religious beliefs instead of what is in the best interest of the future retirees participating in the plan.

Quote:It was a few years ago that the Department of Labor issued guidance reaffirming their position that the goal for investments in ERISA plans, such as 401(k)s and 403(b)s, must be to design investment menus to allow participants to attempt to maximize returns and not for any factor other than the economic interest of the plan. The guidance specifically addressed funds meeting environmental (green) criteria known as socially conscience or socially responsible funds. “The plan's fiduciaries may not simply consider investments solely in green companies. They must consider all investments that meet the plan's prudent financial criteria.” This means that there should be no special consideration given to any investment due to its social agenda. The same selection and monitoring process that is utilized for the core investments in the plan’s menu must be applied to socially responsible funds.....

http://www.mfa-cpa.com/New-Wealth-Adviso...-Think-Red
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Messages In This Thread
SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - June 30, 2014 at 2:28 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - June 30, 2014 at 2:42 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Esquilax - June 30, 2014 at 5:20 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 1, 2014 at 3:38 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Dystopia - June 30, 2014 at 2:45 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jenny A - June 30, 2014 at 2:50 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - June 30, 2014 at 6:23 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Mothonis - June 30, 2014 at 6:35 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jenny A - June 30, 2014 at 7:43 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - June 30, 2014 at 9:03 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Esquilax - June 30, 2014 at 10:51 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Mothonis - June 30, 2014 at 10:56 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Dystopia - June 30, 2014 at 4:12 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jackalope - June 30, 2014 at 4:36 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Brian37 - June 30, 2014 at 6:38 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Esquilax - June 30, 2014 at 6:48 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Dystopia - June 30, 2014 at 6:49 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Mothonis - June 30, 2014 at 7:13 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by JuliaL - July 1, 2014 at 12:04 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 1, 2014 at 10:08 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Mothonis - July 1, 2014 at 12:26 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 1, 2014 at 9:22 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Esquilax - July 1, 2014 at 9:54 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 3, 2014 at 11:34 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 1, 2014 at 7:37 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Cato - July 1, 2014 at 8:09 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 1, 2014 at 1:05 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 1, 2014 at 6:00 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 2, 2014 at 8:42 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 2, 2014 at 1:24 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Mothonis - July 1, 2014 at 1:09 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 1, 2014 at 4:13 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 1, 2014 at 3:07 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 2, 2014 at 9:03 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 9:26 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Esquilax - July 2, 2014 at 10:10 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 10:20 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Esquilax - July 2, 2014 at 10:25 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 10:52 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 2, 2014 at 11:15 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 9:50 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 3, 2014 at 10:43 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 3, 2014 at 6:59 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 2, 2014 at 12:57 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 2, 2014 at 10:28 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 11:10 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 2, 2014 at 11:28 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 11:43 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 2, 2014 at 11:47 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 11:54 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 2, 2014 at 12:00 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 11:17 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 11:34 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 2, 2014 at 11:42 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 5:25 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Brakeman - July 2, 2014 at 9:54 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 3, 2014 at 7:46 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 3, 2014 at 10:15 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 3, 2014 at 11:04 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 3, 2014 at 4:31 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 4, 2014 at 8:21 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 3, 2014 at 10:41 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 3, 2014 at 11:09 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 3, 2014 at 11:46 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 3, 2014 at 11:51 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 2, 2014 at 2:53 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 3, 2014 at 6:44 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by A Theist - July 3, 2014 at 3:36 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Heywood - July 2, 2014 at 6:19 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by vorlon13 - July 2, 2014 at 7:13 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Cato - July 2, 2014 at 6:55 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Polaris - July 3, 2014 at 12:13 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by John V - July 3, 2014 at 11:58 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 3, 2014 at 12:06 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by John V - July 5, 2014 at 10:10 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 6, 2014 at 9:09 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by John V - July 7, 2014 at 9:49 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 7, 2014 at 1:00 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 3, 2014 at 2:12 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by John V - July 7, 2014 at 10:28 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by John V - July 7, 2014 at 11:25 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by vorlon13 - July 7, 2014 at 11:06 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by vorlon13 - July 7, 2014 at 11:27 am
RE: SCOTUS Rules In Favor Of Hobby Lobby - by John V - July 7, 2014 at 12:07 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by vorlon13 - July 7, 2014 at 1:40 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by John V - July 7, 2014 at 12:33 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by No_God - July 7, 2014 at 1:46 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by vorlon13 - July 7, 2014 at 1:59 pm
RE: SCOTUS Rules In Favor Of Hobby Lobby - by Jaysyn - July 7, 2014 at 1:59 pm

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