By Pension and Benefits Editorial Staff
The U.S. Supreme Court has received a petition for a writ of certiorari (Dkt. No. 20-28) to review Laurent v. PricewaterhouseCoopers LLP, a decision of the U.S. Court of Appeals in New York City (CA-2), which held that a federal district court erred in granting a pension plan’s motion to dismiss an ERISA claim filed by employees on the basis that it was not authorized to recalculate benefits because the plan’s definition of “normal retirement age” violated ERISA as it bore no plausible relation to “normal retirement.” The plan had argued that ERISA did not authorize the relief sought by the employees—reformation of the plan to bring it into compliance with ERISA and the recalculation of benefits in accordance with the reformed plan. However, the appeals court concluded that ERISA did in fact authorize the relief sought.
Source: Dkt. No. 20-28.
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