In an article published by Pensions & Investments, “The DOL’s Latest Amicus Briefs and What They Signal for ERISA Cases,” Groom principal Michael Kreps discusses the Department of Labor’s recent amicus briefs addressing several key ERISA issues, including meaningful benchmarks, pension risk transfers, and forfeited plan assets. The article explores how these filings may influence the future direction of ERISA litigation.
Kreps explains that the DOL is “doing more (amicus briefs), making them more public, and submitting briefs in more high-profile issue areas that are ripe with litigation.” He adds that the Department is using these filings to “crack down on what they believe is meritless ERISA litigation.”
To read the full article, click here.