Law360, New York (November 3, 2011, 7:16 PM EDT) -- The U.S. Equal Employment Opportunity Commission on Thursday settled its suit claiming a Minnesota agency’s early retirement plan wrongly denied benefits to older employees, after the Eight Circuit ruled in another case that reduced benefits for older employees violate federal labor laws.
U.S. District Judge Susan Richard Nelson signed off on a consent decree ending the EEOC’s suit alleging the Minnesota Department of Public Safety’s early retirement incentives unfairly favored younger retirees, in violation of the Age Discrimination in Employment Act.
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.