Supreme Court Renders Decision in Kennedy v. Dupont

The Supreme Court ruled that the plan was correct to distribute the deceased participant’s benefit to the ex-spouse who was the named beneficiary notwithstanding that the ex-spouse had waived any interest as part of the divorce. 

Document Excerpt

Although Liv’s waiver was not nullified by §1056’s express terms, the plan administrator did its ERISA duty by paying the SIP benefits to Liv in conformity with the plan documents. ERISA provides no exception to the plan administrator’s duty to act in accordance with plan documents.

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