The U.S. Court of Appeals for the Seventh Circuit recently addressed whether a company’s liquidation plan violated the Age Discrimination in Employment Act (ADEA) because it caused a disparate impact on older workers. ...more
9/27/2018
/ ADEA ,
Age Discrimination ,
Appeals ,
Collective Bargaining Agreements (CBA) ,
Corporate Counsel ,
Disparate Impact ,
Employer Liability Issues ,
Employment Litigation ,
Employment Policies ,
Liquidation ,
Retirement ,
Unemployment Benefits ,
Unions
In Anderson v. DHL Retirement Pension Plan, the Ninth Circuit followed the First Circuit in finding that the elimination of the right to transfer an account balance from a defined contribution plan to a defined benefit plan...more
The transition of many companies from using traditional "final average pay" plans to "cash balance" pension plans in the last two decades has created significant employee discontent, and therefore substantial litigation. ...more