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DOL Files Amicus Brief Clarifying Legal Framework for Pension Risk Transfers
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Jan. 12, 2026 "Filed as part of an ongoing effort to stop regulation by litigation, the brief ... reiterates the appropriate standards for derisking transactions known as pension risk transfers.... In the brief, the department said fiduciaries enjoy deference a long as they engage in the pension risk transfer process in a way that demonstrates prudence and loyalty." [Konya v. Lockheed Martin Corp., No. 24-0750 (D. Md. Mar. 28, 2025; on appeal to 4th Cir. No. 25-2061)] MORE >> |
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