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Cash Balance Interest Credits that Stop at Early Retirement Age Do Not Violate the Prohibition Against Reducing Benefit Accruals on Account of Age
Deloitte via BenefitsLink.com Link to more items from this source
[Guidance Overview]
Mar. 29, 2011
The court held that the formula at issue did not violate ERISA ? 204(b)(1)(H)(i) - which prohibits a defined benefit plan from reducing an employee's benefit accruals because of the attainment of any age - because it determined the interest credits were not benefit accruals in this specific situation.

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