You can do that, and the load will be minimal at best. Far less than the head pressure put on it from the total rise they have to fight from the outlet of the pump to the return outlet. At 5' of rise on a 1.25" pipe the max flow rate drops to 1600 GPH. Dropping from 1.25 to 1" at say 35% power will not impose any more load on the pump than running 1.25" all the way up. I say this because unless you're running a wide open pipe on the return, you're reducing the outlet size with Loc-Line even more. As I said, you can update the piping underneath to clean it up and go with 1.25" up to the bulkheads. It's not going to hurt anything by doing it like this. I have run my 6010 Eflux pump in a similar configuration for months with no issues. I'm going 1.25" soft line to the check-valve then T's off to two 1" lines, up to a pair of 3/4 bulkheads and open port Loc-Line. I'm only running the pump at about 35% and it's of flow for a 75G. So two Cor-20's on a similar configuration will be just fine and will not stress them at all. Just be sure to put in union check-valves after the pumps and then true union ball valves after that for maintenance reasons. You never know if your check valve will fail to close properly forcing you to have need to shut the returns down completely to work on it.