7th Circ. Backs Northern Trust's Pension Plan Change

By Emily Brill (April 11, 2018, 9:09 PM EDT) -- The Seventh Circuit on Wednesday affirmed an Illinois federal court's decision to toss a suit accusing the financial advisory firm Northern Trust of flouting the Employee Retirement Income Security Act's anti-cutback rule and the Age Discrimination in Employment Act by modifying its pension formula to illegally reduce older employees' accrued benefits....

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