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Second Circuit Affirms Lower Court Ruling in Challenge to Xerox Pension Plan Calculations (PDF)
U.S. Court of Appeals for the Second Circuit
Jan. 15, 2019
19 pages. "The District Court's selection of the new hire remedy falls within the 'range of permissible decisions available under an abuse of discretion standard.'... [We] affirm the District Court's decision to use the new hire approach as an equitable remedy to redress the Plan Administrator's notice violations.... We affirm the District Court's decision to use the prime rate for [the award of prejudgment interest]." [Frommert v. Conkright, Nos. 17-114, 17-738 (2d Cir. Jan. 14, 2019)]
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