Partners HealthCare ERISA Plan Must Be Rational, Judge Told
Law360 (July 15, 2020, 5:24 PM EDT) -- A proposed class of Partners HealthCare employees told a federal judge Wednesday that the Massachusetts health network must provide a rationale for using a decades-old actuarial table to calculate retirees' benefits, a system they claim shortchanges workers.
Scott Belknap is seeking to lead a class of Partners employees in claiming the health system is using an outdated mortality table to calculate benefits under the Employee Retirement Income Security Act. Arguing against Partners' motion to dismiss, Belknap's attorney, Mark Kindall of Izard Kindall & Raabe, claimed the health network has reduced the value of his client's annuity payments because it uses a 1951...
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