Articles From Peter M. Varney

Seventh Circuit rules that Cash Balance Plans are not age discriminatory; Second, Third, and Ninth Circuits could follow By Peter M. Varney & David R. Godofsky Employee Benefits, September 2006 Rejecting resoundingly a theory that has spawned lawsuits in federal district courts from coast to coast, the Seventh Circuit held that defined benefit plans employing a “cash balance” formula do not violate ERISA’s prohibition on age discrimination.

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