High Court Denies Review Of Deference Due PBGC Benefits Rulings

Mealey's (October 4, 2021, 1:17 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Oct. 4 denied review of a District of Columbia Circuit U.S. Court of Appeals panel ruling that held that deference under Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc. applies to all Pension Benefit Guaranty Corp. (PBGC) interpretations of the Employee Retirement Income Security Act, including decisions upholding final benefits determinations that the PBGC makes as trustee of a pension plan....