2nd Circuit: Pension Plan Amendment Didn’t Violate Anti-Cutback Provision

Mealey's (August 16, 2017, 8:06 AM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Aug. 14 affirmed that an amendment to a pension plan did not violate the anti-cutback provision of the Employee Retirement Income Security Act because the amendment did not decrease a participant’s accrued benefits (Vincent Morrone v. The Pension Fund of Local No. One, I.A.T.S.E., No. 16-723, 2nd Cir., 2017 U.S. App. LEXIS 15026)....