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Girl Scouts v. Girl Scouts: ERISA Wins
Squire Patton Boggs Oct. 27, 2014 "The problems began when the Girl Scouts of the United States of America (GSUSA) consolidated councils, made almost 2,000 employees eligible for a lifetime pension 'without having previously contributed to the [retirement] Plan,' and added a Voluntary Early Retirement Incentive to the plan.... The Girl Scouts of Middle Tennessee, Inc. (GSMT) sued GSUSA, the Sponsor and Administrator of the Girl Scout Councils Retirement Plan, on the grounds that GSUSA increased the liabilities of the Plan 'unilaterally and without authorization,' and sought a judgment allowing GSMT to withdraw or spinoff from the Plan. [The U.S. Court of Appeals for the Sixth Circuit affirmed] the district court's complete dismissal of all of GSMT's [state law and ERISA common law] claims[.]" |
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