David Pearson Comments on Supreme Court Decision Affecting Retirement Plan Fiduciaries

Tampa attorney David Pearson was quoted in Human Resource Executive regarding a recent Supreme Court decision that affects retirement plan administrators.

Second Time's the Charm  

"Chief Justice Roberts stated that, where the plan administrator's prior error was an 'honest mistake,' its subsequent benefits determination should not be disturbed if it was reasonable," Pearson says. "The effect of the Conkright decision will be to continue to give plan administrators significant leeway in making benefits determinations."