Mealey's Labor & Employment - Federal Judge Approves Revised Class Action Settlement In Pension Plan ERISA Suit

SAN FRANCISCO - A California federal judge on Dec. 28 approved a revised settlement as "fair, reasonable, and adequate" in a class action lawsuit alleging that an amendment to a pension plan is illegal under the Employee Retirement Income Security Act because it was not enacted in accordance with ERISA's provisions (Juan M. Reyes, et al. v. Bakery & Confectionery Union & Indus. Int'l Pension Fund, No. 14-05596, N.D. Calif., 2017 U.S. Dist. LEXIS 212816).