7th Circuit Affirms Class Certification For Challenges To Cash Balance Plan

7th Circuit Affirms Class Certification For Challenges To Cash Balance Plan

CHICAGO - The Seventh Circuit U.S. Court of Appeals on Dec. 4 affirmed the certification of 10 subclasses of more than 4,000 cash balance pension plan participants on various claims that the plan violated the Employee Retirement Income Security Act under Federal Rule of Civil Procedure 23(b)(2) (Phyllis Johnson, et al. v. Meriter Health Services Employee Retirement Plan, et al., No. 12-2216, 7th Cir.; 2012 U.S. App. LEXIS 24854).

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