Panel: Pension Fund’s Benefits Calculation Was ‘Arbitrary, Capricious’

Mealey's (July 7, 2020, 10:11 AM EDT) -- NEW YORK — A pension fund’s calculation of an employee’s benefits was “arbitrary and capricious” because there was no supervisor exclusion in the plan and the employee was covered, the Second Circuit U.S. Court of Appeals ruled June 30, affirming summary judgment in favor of the employee (John Latronica v. Local 1430 International Brotherhood of Electrical Workers Pension Fund, et al., No. 19-2978, 2nd Cir., 2020 U.S. App. LEXIS 20757)....