Legal Opinion
Laurenzano v. Blue Cross & Blue Shield of Massachusetts, Inc. Retirement Income Trust
District Court, D. Massachusetts
Decided March 27, 2001No. CIV.A. 99-11751-WGYPublishedCited by 26 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
YOUNG, Chief Judge.
If a defined benefit pension plan normally provides retirement benefits in the form of a life annuity that includes a cost-of-living adjustment (“COLA”), must a lump sum distribution in lieu of the annuity include the present value of the projected COLA payments? This Court holds that it must, and that each participant in a plan that does not has approximately six years from the date of his distribution to seek redress.
I. Background
A. Summary of Complaint
James G. Laurenzano, M.D. (“Laurenza-no”) is a former employee of Blue Cross and Blue Shield of…
2Cases cited72 opinions
- Firestone Tire & Rubber Co. v. BruchSupreme Court of the United States · 1989
- Wilson v. GarciaSupreme Court of the United States · 1985
- Albemarle Paper Co. v. MoodySupreme Court of the United States · 1975
- Varity Corp. v. HoweSupreme Court of the United States · 1996
- Mertens v. Hewitt AssociatesSupreme Court of the United States · 1993
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3Cited by26 opinions
- Romero v. Allstate Corp.Court of Appeals for the Third Circuit · 2005
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- Kifafi v. Hilton Hotels Retirement PlanDistrict Court, District of Columbia · 2009
- Williams v. Rohm and Haas Pension PlanCourt of Appeals for the Seventh Circuit · 2011
- Laurent v. PRICEWATERHOUSECOOPERS LLPDistrict Court, S.D. New York · 2006
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