Campbell v. BankBoston, N.A.
Court of Appeals for the First Circuit
1Opinion of the Court
LYNCH, Circuit Judge.
At the heart of this case is the debate over cash balance pension plans, a new type of plan that favors, in many cases, younger workers over those closer to re tirement age. The plaintiff, James W. Campbell, is a former employee of Bank-Boston, a business that switched from a traditional defined benefit plan to a cash balance system. He sued, alleging violations of the Employee Retirement Income Security Act (ERISA), 29 U.S.C. § 1001 et seq. (2000), and the Age Discrimination in Employment Act (ADEA), 29 U.S.C. § 621 et seq. We affirm the district court’s entry of summary…
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