2nd Circuit Upholds Ruling For Multiemployer Plans In ERISA Benefits Row

( July 27, 2023, 1:37 PM EDT) -- NEW YORK — Agreeing that multiemployer pension and welfare plans’ definition of “retire” is ambiguous and plan trustees properly exercised their discretionary authority when interpreting it, a Second Circuit U.S. Court of Appeals panel affirmed a ruling against a participant in the plans....