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No ERISA Claim for Pension Plan’s Retirement Age (access required)

The 4th Circuit affirms dismissal of a class-action suit by bank employees who claim defendant Bank of America employed a “normal retirement age” that violated ERISA in calculating lump sum distributions, and violated ERISA in the calculation of benefit accrual. Plaintiffs and the class they represent are current and former bank employees and plan participants. The ...

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