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Latest Actuarial Equivalence Lawsuit Hands Win to Sponsor
Mercer 
May 4, 2026 "[A] district court in California awarded summary judgment to Intel, ruling that ERISA does not impose a reasonableness requirement on actuarial assumptions used to calculate retirement benefits. This ruling comes on the heels of a recent appellate court decision that reached the opposite conclusion -- but that court has recently indicated it may reconsider the ruling." [Berkeley v. Intel Corp., No. 23-0343 (N.D. Cal. April 8, 2026)] MORE >> |
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