ERISA Class Action Watch

News and Updates on ERISA Class Action Lawsuits

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SDNY dismisses suit against Verizon cash balance plan

April 29th, 2007 · No Comments

The SDNY has dismissed all claims in Bryerton v. Verizon. In an opinion heavily informed by the Seventh Circuit’s Cooper decision, Judge Chin reasoned that Verizon’s cash balance plan was not age discriminatory under ERISA because the “inputs” actually increased with age. Unsurprisingly, Gottesdiener is appealing the decision.

Tags: Cash Balance

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