California Federal Judge: Changes To Plan Were Authorized By Pension Act

Mealey's (March 25, 2016, 12:52 PM EDT) -- SAN FRANCISCO — A defendant won partial judgment on the pleadings March 22, when a California federal judge agreed that an amendment that eliminated the ability of pension plan participants to “age into” a subsidized early retirement benefit “appear to be the types of changes contemplated and authorized” by the Pension Protection Act of 2006 (PPA) (Juan R. Reyes v. Bakery and Confectionary Union and Industry International Pension Fund, No. 14-5596, N.D. Calif.; 2016 U.S. Dist. LEXIS 37221).

(Order available. Document #54-160413-044R.)

Accordingly, U.S. Judge Jon...
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