Trustees of Penn Central Transportation Co. v. Consolidated Rail Corp.

FRIENDLY, Presiding Judge:

The Trustees of the property of the Penn Central Transportation Company (PC), of the Erie-Lackawanna Railway Company (EL) and of the Lehigh Valley Railroad Company (LV) have petitioned us to require ConRail to assume the obligations of these carriers under non-contributory group life insurance policies for employees not covered by collective bargaining agreements (non-agreement employees).1 The petition of the PC Trustees also included a request for relief as regards another fringe benefit plan known as the Voluntary Relief Department (VRD). The VRD was created in…