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Mealeys

Mealey's Labor & Employment - 2nd Circuit Denies Rehearing On Benefit Recalculation Ruling

NEW YORK - A Second Circuit U.S. Court of Appeals panel in a Feb. 12 one-page order denied a plan administrator's petition for panel rehearing or rehearing en banc of a finding that the Employee Retirement Income Security Act allows for the reformation of a plan and recalculation of benefits as relief in a lawsuit where a retirement plan's terms were found to violate ERISA (Timothy D. Laurent, et al. v. PricewaterhouseCoopers LLP, et al., No. 18-487, 2nd Cir.).
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