Legal Opinion
Fry v. Exelon Corp. Cash Balance Pension Plan
Court of Appeals for the Seventh Circuit
Decided July 2, 2009No. 08-1135PublishedCited by 12 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
The Exelon Corporation Cash Balance Pension Plan is a defined-benefit plan that works like a defined-contribution plan, except that the individual accounts are virtual. All of the Plan’s assets are held in a single trust; the Plan does not have a separate pot of assets to match each employee’s account. Cooper v. IBM Personal Pension Plan, 457 F.3d 636 (7th Cir.2006), and Berger v. Xerox Corp. Retirement Income Guarantee Plan, 338 F.3d 755 (7th Cir.2003), discuss more fully the nature of a cash-balance plan.
Many pension plans, including Exelon’s, give workers the…
2Cases cited8 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Bowen v. Georgetown University HospitalSupreme Court of the United States · 1988
- LOCKHEED CORP. Et Al. v. SPINKSupreme Court of the United States · 1996
- David Berger and Gerry Tsupros, on Behalf of Themselves and Others Similarly Situated v. Xerox Corporation Retirement Income Guarantee PlanCourt of Appeals for the Seventh Circuit · 2003
- Esden v. Bank of BostonCourt of Appeals for the Second Circuit · 2000
3 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Price v. Stevedoring Services of America, Inc.Court of Appeals for the Ninth Circuit · 2012
- George W. Mathias v. Michael M. MihmCourt of Appeals for the Seventh Circuit · 2017
- Laurent v. PricewaterhouseCoopers LLPCourt of Appeals for the Second Circuit · 2015
- David McCorkle v. Bank of America CorporationCourt of Appeals for the Fourth Circuit · 2012
- Laurent v. PriceWaterhouseCoopers LLPDistrict Court, S.D. New York · 2013
7 more not listed; retrieve them via the Exa API.