6th Circuit: Wrong Credited Service Meaning Applied In Pension Plan Suit

Mealey's (September 5, 2019, 2:13 PM EDT) -- CINCINNATI — A trial court erred when it applied the meaning provided in a retirement plan for “credited service” related to an employee’s vested right to benefits in a case over the calculation of an employee’s pension amount, a Sixth Circuit U.S. Court of Appeals panel ruled Aug. 22, finding that a “leased employee’s” pension benefits didn’t start accruing until he became the employee of a company that adopted the plan (Kenneth H. Miller v. Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC, No. 18-6314, 6th Cir., 2019 U.S. App. LEXIS 25070)....