Legal Opinion
William R. White, on Behalf of Themselves and a Class of Others Similarly Situated v. Sundstrand Corporation
Court of Appeals for the Seventh Circuit
Decided July 3, 2001No. 00-2613, 00-4075, 01-1126PublishedCited by 35 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Until it became a subsidiary of Sundst-rand in 1984, Sullair Corporation had a floor-offset pension plan. Distinctive features of that plan still apply to persons who worked at Sullair before the acquisition. A floor-offset plan uses a defined-benefit structure (with pension payments linked to years of work and high salary) to buffer the uncertainty of a defined-contribution system (where pension payments depend on the performance of investments in each employee’s account). See Brengetbsy v. LTV Steel (Republic) Hourly Pension Plan, 241 F.3d 609 (7th Cir.2001);…
2Cases cited8 opinions
- Hughes Aircraft Co. v. JacobsonSupreme Court of the United States · 1999
- LOCKHEED CORP. Et Al. v. SPINKSupreme Court of the United States · 1996
- Carolyn Herzberger v. Standard Insurance Company, Beverly A. Johnson v. Prudential Insurance Company of AmericaCourt of Appeals for the Seventh Circuit · 2000
- Claire Rand, Custodian for Brett Rand v. Monsanto CompanyCourt of Appeals for the Seventh Circuit · 1991
- Albert C. McNAB, Et Al., Plaintiffs-Appellants, v. GENERAL MOTORS CORPORATION, Defendant-AppelleeCourt of Appeals for the Seventh Circuit · 1998
3 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- David A. Morlan v. Universal Guaranty Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 2002
- In the Matter of Mexico Money Transfer LitigationCourt of Appeals for the Seventh Circuit · 2001
- James Hess & John Hess v. Reg-Ellen MacHine Tool Corp. And Reg Ellen MacHine Tool Corp. Employee Stock Ownership PlanCourt of Appeals for the Seventh Circuit · 2005
- In Re Williams Securities Litigation-WCG SubclassCourt of Appeals for the Tenth Circuit · 2009
- Charlotte Phillips v. Wellpoint IncorporatedCourt of Appeals for the Seventh Circuit · 2014
30 more not listed; retrieve them via the Exa API.