Review Of Deference Dispute Over Pension Plan Not Needed, PBGC Tells High Court

Mealey's (August 4, 2021, 11:04 AM EDT) -- WASHINGTON, D.C. — A District of Columbia Circuit U.S. Court of Appeals panel correctly applied deference under Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc. to interpretations of the Employee Retirement Income Security Act that Pension Benefit Guaranty Corp. (PBGC) made as trustee of a pension plan in upholding PBGC’s final benefits determinations, PBGC says in its Aug. 2 brief opposing a petition for a writ of certiorari from the U.S. Supreme Court filed by plan participants....