Pilots Seek Better Pension Award From High Court

Law360, New York (December 23, 2011, 3:47 PM EST) -- Two U.S. Airways Group Inc. pilots who won a partial appeals court victory over unpaid pension benefits asked the U.S. Supreme Court earlier this month to rule on how a benefit plan administrator needs to adjust payments to account for delays.

Retired pilots James Stephens and Richard Mahoney are asking the high court, in a petition for a writ of certiorari filed Dec. 8, to decide whether the Employee Retirement Income Security Act requires a plan administrator that delays disbursement of a lump-sum benefit payment to adjust...
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