Supreme Court Won't Hear US Airways Pilots' ERISA Case

Law360, New York (April 2, 2012, 2:39 PM EDT) -- The U.S. Supreme Court on Monday refused to take up the appeal of two retired U.S. Airways Group Inc. pilots who asked the high court to rule on how retirement benefit plans should be adjusted to account for delays in lump-sum payouts.

Retired pilots James Stephens and Richard Mahoney petitioned for a writ of certiorari in December, requesting that the Supreme Court determine whether the Employee Retirement Income Security Act requires a pension plan administrator that delays the release of a lump-sum benefit to adjust the...
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