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Ninth Circuit Enforces Pension Fund's New Interpretation of Plan In-Service Distribution Rules
Proskauer Rose LLP
Oct. 11, 2019 "On appeal, the Ninth Circuit held that the Trustees' new interpretation based on the IRS guidelines was not unreasonable or an abuse of discretion ... According to the Court ... the Plan here was not imposing an additional condition for receipt of post-retirement benefits, but rather was reinterpreting an existing provision addressing the requirements for retirement, as defined by the Plan." [Meakin v. California Field Ironworkers Pension Trust, No. 18-15216 (9th Cir. Jun. 5, 2019; unpub.)] MORE >> |
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