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Age Discrimination Lawsuits Still Haunting Cash Balance Plan Sponsors
Deloitte
Nov. 8, 2006
Excerpt: On the day before Halloween cash balance plan sponsors were greeted with a 'trick' at the doorstep of the courthouse. Less than two months after the Seventh Circuit Court of Appeals ruled that cash balance plans do not inherently violate federal age discrimination prohibitions, the U.S. District Court for the Southern District of New York ... issued a frightening reminder that these age discrimination suits are still viable in the rest of the federal circuits.
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