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Supreme Court Expands Deference Applicable to ERISA Plan Administrators
Proskauer Rose LLP [Guidance Overview] Apr. 22, 2010 Excerpt: In a ruling issued [April 21, 2010], the Supreme Court held in Conkright v. Frommert, No 08-810, that an administrator's initial faulty implementation of a plan rule does not prevent application of the deferential arbitrary and capricious standard in reviewing the administrator's subsequent determination as to how best to remedy the prior mistake. The ruling is significant in that it confirms that courts must defer to ERISA plan administrators, even outside the context of traditional benefit determinations, so long as the administrator has authority to interpret the plan. |
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