Federal appellate courts are grappling with whether corporations discriminate against older workers by switching from traditional pensions promising a fixed benefit for retirees to riskier cash-balance plans that may be a boon to younger workers but squeeze those closest to retirement.

The decisions seem to be tilting against older pensioners so far with the 2nd, 6th and 9th U.S. circuit courts of appeals likely to weigh in soon in what may be decisive votes.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]