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6th Circuit Joins 3rd and 7th in Finding Cash Balance Plans Don't Violate ERISA's Age Discrimination Provision (PDF)
Alston & Bird LLP 
Aug. 30, 2007 3 pages. Excerpt: The opinion, authored by Judge John M. Rogers, rejected plaintiffs' argument that cash balance plans are 'necessarily age discriminatory,' reasoning that 'any disparity in the benefits that employees of different ages receive from cash balance plans is merely the result of the time value of money.' MORE >> |
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