The paper presents a population-based algorithm for computing approximations of the efficient solution set for the linear assignment problem with two objectives. This is a multiobjective metaheuristic based on the intensive use of three operators – a local search, a crossover and a path-relinking – performed on a population composed only of elite solutions. The initial population is a set of feasible solutions, where each solution is one optimal assignment for an appropriate weighted sum of two objectives. Genetic information is derived from the elite solutions, providing a useful genetic heritage to be exploited by crossover operators. An upper bound set, defined in the objective space, provides one acceptable limit for performing a local search. Results reported using referenced data sets have shown that the heuristic is able to quickly find a very good approximation of the efficient frontier, even in situation of heterogeneity of objective functions. In addition, this heuristic has two main advantages. It is based on simple easy-to-implement principles, and it does not need a parameter tuning phase.