ERISA Protects Retroactive Benefits, 1st Circ. Finds

Law360, Los Angeles (November 15, 2013, 6:16 PM EST) -- The First Circuit on Friday ruled that benefits conferred retroactively during the course of employment constitute "accrued benefits" under the Employee Retirement Income Security Act and therefore cannot be eliminated by an amendment to a benefit plan. 

A three-judge appellate panel affirmed a district court's ruling that trustees of a pension plan for a Rhode Island-based plumbers and pipefitters' union cannot reduce employees' "banked hour" pension benefits, as those benefits were attributable to the employees' prior service and are therefore protected by ERISA's anti-cutback statute. ...
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Case Information

Case Title

Bonneau, et al v. Plumbers and Pipefitters Local, et al


Case Number

13-1515

Court

Appellate - 1st Circuit

Nature of Suit

3791 Empl. Ret. Inc. Security Act

Date Filed

April 25, 2013

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