ERISA Dispute Over Conversion Factors Will Proceed In Massachusetts Federal Court

Mealey's (January 30, 2020, 9:28 AM EST) -- BOSTON — An effort by Raytheon Co. to obtain dismissal of allegations that it used unreasonable conversion factors when calculating pension benefits was unsuccessful on Jan. 17, when a federal judge in Massachusetts instead ruled in favor of a Raytheon retiree (Johnny Cruz v. Raytheon Company, No. 19-11425, D. Mass., 2020 U.S. Dist. LEXIS 8417)....