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Text of District Court Opinion Finding PBGC's Rejection of Revised QDRO to Be Arbitrary and Capricious (PDF)
U.S. District Court for the District of Columbia Link to more items from this source
Apr. 11, 2017
"[T]he PBGC does not consider 'actuarial value' when assessing whether a new form of benefit will result in increased payments relative to a prior one, as Congress instructed; rather, it ignores that factor altogether and simply assumes that the mere potential for increased benefits is enough to keep a domestic relations order from being qualified. Because that policy, and thus the Appeals Board decision, disregards a basis of comparison required by Congress, it is both arbitrary and capricious, and contrary to the agency's statutory mandate." [Dullea v. PBGC, No. 16-147 (D.D.C. Mar. 20, 2017)]

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