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|Supreme Court Affirms That Plan Administrators' Interpretations of Plan Document Must Receive Deference|
McDermott Will & Emery
Apr. 26, 2010
Excerpt: The Court's broad pronouncement that providing deference to plan administrator interpretation supports ERISA's 'guiding principles,' even after an erroneous interpretation of the same or similar plan terms, should serve to further solidify the correctness of an arbitrary and capricious standard of review where the plan terms grant an administrator the power to interpret a plan's terms.
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