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Fifth Circuit: DB Plan Properly Applied 'Banded' Benefit Formula to Commissioned Employees (PDF)
U.S. Court of Appeals for the Fifth Circuit
[Opinion] Nov. 26, 2001 "In answering the first question, i.e., whether the administrator's interpretation of the plan was legally correct, a court must consider: [1] whether the administrator has given the plan a uniform construction, [2] whether the interpretation is consistent with a fair reading of the plan, and [3] any unanticipated costs resulting from different interpretations of the plan." [Gosselink v. American Telephone & Telegraph Inc., No. 00-20887 (5th Cir. Nov. 7, 2001)] MORE >> |
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