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Erisa: Reformulating The Federal Common Law For Plan Interpretation, George Lee Flint Jr
Erisa: Reformulating The Federal Common Law For Plan Interpretation, George Lee Flint Jr
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In order to develop the federal common law of the Employee Retirement Income Security Act of 1974 (ERISA), courts must consider the history, foundations, and policies of ERISA. However, federal courts have yet to conduct this process. This failure is explained by either the fundamental nature of the American adversary system leading to the undermining of congressional intent, or the failure of the incompetent federal judiciary to follow legislative intent. Conclusively, the lack of developing federal common law has resulted in ERISA law that is hostile to participants and the policies that Congress intended ERISA to foster.
Although seldom following …