International Union, United Automobile, Aerospace, & Agricultural Implement Workers & Its Locals 656 & 985 v. Greyhound Lines, Inc.

NATHANIEL R. JONES, Circuit Judge.

Defendants, Greyhound Lines, Inc. appeal from a district court judgment enforcing an arbitration award which required them to implement certain benefit increases in the employees’ pension and benefit fund. Greyhound seeks to have the lower court’s judgment vacated upon its contention that the arbitrator is a fiduciary under the Employees’ Retirement Income Security Act of 1974 (ERISA) and that, as such, he acted unlawfully because he failed to satisfy the bonding requirements under the Act. Since we conclude that ERISA was not intended to subject arbitrators…