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Second Circuit Decides Decade-long Dispute Over Colgate-Palmolive’s Calculation of Retirement Benefits
Roberts Disability Law Link to more items from this source
Apr. 7, 2025

"The court held that the company could not apply a pre-retirement mortality discount or use different interest rates for projecting employee contributions when calculating the Residual Annuity. The decision emphasized adherence to established legal doctrines, such as the law-of-the-case, which barred Defendants from re-arguing issues that were or could have been addressed in earlier proceedings." [McCutcheon v. Colgate-Palmolive Co., No. 24-1419 (2d Cir. Apr. 4, 2025; unpub.)]  MORE >>

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