Thompson v. Retirement Plan for Employees of S.C. Johnson & Son, Inc.

Dist. Ct. did not err in dismissing as untimely certain claims by plaintiffs-retirees alleging that defendant-pension plan miscalculated amounts owed to them where plaintiffs took early lump-sum distributions, and where defendant failed to include certain future interest credits when making said distributions. Dist. Ct. could properly conclude that applicable 6-year limitations period started at time plaintiffs received their lump-sum distributions, as opposed to prior time, when defendant initially circulated some information about calculation formula (as advocated by defendant) or at subsequent time, when plaintiffs became aware of applicable formula in full plan document (as advocated by plaintiffs). Ct. erred, though, in deferring to defendant when selecting means of calculating damages owed on timely claims.