2nd Circuit Affirms Ruling Against Participants In Pension Plan Reinterpretation Row

Mealey's (March 4, 2022, 11:27 AM EST) -- NEW YORK — Saying in a summary order that the appellees have “full discretionary authority to determine eligibility and to interpret the terms of” a defined-benefit multiemployer pension plan, a Second Circuit U.S. Court of Appeals panel on March 2 affirmed a lower court’s judgment in a dispute over reinterpretation of “retires” that resulted in stoppage of early retirement pensions benefits to some plan participants....

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