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upholding most of a $300 million class action judgment, the 7th U.S. Circuit Court of Appeals on Aug. 1 held that provisions of Xerox Corp.'s cash-balance pension plan providing for reduced payments to employees who elected early lump-sum distributions violated the Employee Retirement Income Security Act (ERISA). Berger v. Xerox Corp. Retirement Income Guarantee Plan, No. 02-3674.
August 11, 2003 at 12:00 AM
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The original version of this story was published on National Law Journal
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