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Updated · Pensions & Investments · May 7PBGC launches amicus brief request program for private pension system
6 articles · Updated · Pensions & Investments · May 7
- The new initiative lets plan sponsors and other retirement stakeholders ask the federal pension insurer to file amicus briefs in ongoing court cases.
- PBGC is also seeking input from plan sponsors as it rolls out the programme, potentially expanding its role in litigation affecting private pensions.
- The move could shape legal disputes with broader implications for retirement plans and the private pension system overseen by the agency.
As federal rules face new legal threats, is the PBGC's court program a blueprint for regulatory power? With two agencies filing pension briefs, will plan sponsors and courts now face conflicting government signals?