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ERISA Doesn't Ban 'Cash Balance' Plans; Second Circuit Joins Sisters
Barry Barnett 
[Opinion] July 10, 2008 Excerpt: The Second Circuit today joined the Third, Sixth, and Seventh Circuits in holding that a 'cash balance' pension plan doesn't violate the Employee Retirement and Income Security Act of 1974 despite the fact that older employees (sort of) get less bang for their buck. MORE >> |
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