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Washington, D.C., November 19, 2024 – The ERISA Industry Committee (ERIC) recently filed amicus briefs in two separate cases affecting large employers. The first case represents a challenge to the practice of “pension risk transfer.” This is a growing area of class action litigation where the trial bar attacks routine transactions that are part of plan administration for pension plans governed under the Employee Retirement Income Security Act of 1974 (ERISA).