Plan Amendment Regarding Offset Didn't Violate ERISA, 11th Circuit Holds

Plan Amendment Regarding Offset Didn't Violate ERISA, 11th Circuit Holds

ATLANTA - A pension plan amendment did not violate the anti-cutback rule in Section 204(g) of the Employee Retirement Income Security Act when it changed the calculation of the offset for Social Security benefits for participants who had not yet reached the plan's earliest retirement age at the time of the amendment, the 11th Circuit U.S. Court of Appeals ruled March 23 (Jean Marie Cinotto v. Delta Air Lines Inc., et al., No. 10-14704, 11th Cir.; 2012 U.S. App. Lexis 6075).

Find full version on lexis Advance®
Access this news story on lexis.com®