U.S. Supreme Court Won’t Review ERISA Pension Plan Reinterpretation Ruling

Mealey's (March 6, 2023, 11:36 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on March 6 denied certiorari in a dispute over a reinterpretation of “retire” that stopped early retirement pension benefits for some plan participants; the petitioners had sought a ruling “that a reinterpretation that reduces or eliminates an accrued pension benefit is a prohibited amendment within the meaning of” the Employee Retirement Income Security Act and a violation of ERISA’s anti-cutback rule....