Cash balance plans not age discriminatory: Judge


Cash balance plans not age discriminatory: Judge

ST. LOUIS—Cash balance pension plans do not discriminate against older employees, a federal judge has ruled. Judge E. Richard Webber of the U. S. District Court of the Eastern District of Missouri last week dismissed age discrimination charges against U.S. Bancorp of Minneapolis, noting that the...

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PHILADELPHIA—A second federal appeals court has ruled that cash balance pension plans are not age discriminatory. A unanimous three-judge panel of the 3rd U.S. Circuit Court of Appeals Tuesday upheld...

Cash balance plans not age-discriminatory: Court

CINCINNATI?Another federal appeals court has ruled that cash balance pension plans do not discriminate against older employees. In a decision handed down Monday, a three-judge panel of the 6th U.S....

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