Children’s Home Association of Illinois v. Mutual of America Life Ins. Co.
Children’s Home participated in Mutual of America group annuity contract. Mutual of America maintained some funds in interest-bearing general account, when it had the authority to invest plan assets in any mutual fund.
Pursued ERISA fiduciary action to recover discretionary interest margin and profits retained by AUL. Children’s Home Association of Illinois v. Mutual of America Life Ins. Co., United States District Court, Central District of Illinois, Peoria Division, Case No. 99-1206.
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