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IBM Wins; Text of 7th Circuit Decision in Cooper v. IBM Cash Balance Plan Age Discrimination Case (PDF)
U.S. Court of Appeals for the Seventh Circuit via BenefitsLink Link to more items from this source
[Opinion]
Aug. 7, 2006
Excerpt: Like a defined contribution plan, a cash-balance plan removes the backloading of the pension formula; older workers (accurately) perceive that they are worse off under a cash-balance approach than under a traditional years-of-service-times-final-salary plan. But removing a feature that gave extra benefits to the old differs from discriminating against them. Replacing a plan that discriminates against the young with one that is age-neutral does not discriminate against the old.

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