Green light for hybrid plans

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A recent decision by the US Second Circuit Court of Appeals essentially resolved an ongoing dispute as to whether pre-Pension Protection Act cash balance plans violate the age discrimination provision of ERISA. Frances Phillips Taft explains

The decision rendered in Hirt v. The Equitable Retirement Plan for Employees, Managers and Agents, No. 06-4757-cv & Byerton v. Verizon Communications, Inc. No. 07-1680, 2008WL 2669346 (2d Cir. 9 Ju...

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