Lockheed Corp. v. Spink, 517 U.S. 882 (1996), is a US labor law case, concerning occupational pensions.

[1] Mr. Spink was denied full benefits from Lockheed Corporation after being rehired in 1988.

Justice Thomas, writing for the majority, ruled that employers could amend plans.

They were not bound by fiduciary duties while acting as sponsors.

Justices Breyer and Souter dissented in part, preferring to withhold expression of any view on the proposition that "the payment of benefits pursuant to an amended plan, regardless of what the plan requires of the employee in return for those benefits, does not constitute a prohibited transaction."