2nd Circuit Finds Pension Fund’s Trustees Clearly Explained Widow’s Eligibility

Mealey's (September 18, 2018, 1:23 PM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Sept. 14 affirmed a federal judge in New York’s ruling awarding summary judgment to the trustees of a pension fund accused of breaching their fiduciary duty under the Employee Retirement Income Security Act suit, finding that the plan’s summary plan description (SPD) clearly explained the amount of benefits a woman was eligible to receive from deceased husband’s plan (Emily DeRogatis v. Board of Trustees of the Welfare Fund of the International Union of Operating Engineers Local 15, et al., Nos. 16-977-cv, 16-3549-cv, 2nd Cir., 2017 U.S. App. LEXIS 26126)....