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Supreme Court Sides with Pension Plan Administrator
Business Insurance; 
[Guidance Overview] Apr. 22, 2010
Excerpt: The U.S. Supreme Court ruled 5-3 Wednesday that a lower court should give deference to a pension plan administrator's interpretation of the terms of the plan when dealing with a dispute. The case -- Sally L. Conkright et al. vs. Paul J. Frommert et al. -- involved a pension plan governed by the Employee Retirement Income Security Act. The suit was brought by a group of employees who left Xerox Corp. in the 1980s and received lump-sum distributions of retirement benefits earned up to that point, but later were rehired.
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