DOE Funded Pension Plans – CAS vs ERISA | PNWC’s Government Contracting Update

The Department of Energy (DOE) has oversight responsibility with respect to defined benefit pension plans sponsored by  DOE contractors under M&O contracts (management and operating contracts) and other facility management contracts (FMCs) where the work was once performed under M&O contracts. These contracts are characterized by successor contractors being required to employ all or part of the former contractor’s workforce and to assume sponsorship of the employee defined benefit pension plan.

Source: PNWC’s Government Contracting Update: DOE Funded Pension Plans – CAS vs ERISA