Tyler v. New York Telephone Co.

IRVING R. KAUFMAN, District Judge.

I. Nature of the Case

Plaintiffs are all retired employees1 of the defendant New York Telephone Company. Their claim involves the construction of a non-contributory pension plan instituted by the company in 1913 for the benefit of its employees.2 This plan provides for pension payments to be made to employees who retire upon reaching a certain age and after being employed by the company for a requisite number of years. Since 1940, the company has deducted amounts attributable to its statutory contributions to the Federal Social Security program from the…