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Third Circuit Affirms Judgment Awarding Top Hat Plan Participant Additional Benefits, Interest, Attorneys’ Fees, and Costs

Third Circuit Affirms Judgment Awarding Top Hat Plan Participant Additional Benefits, Interest, Attorneys’ Fees, and Costs

In Campbell v. Board of Directors of Bryn Mawr Trust Company, No. 22-2723, 2024 WL 4380142 (3d Cir. Oct. 3, 2024), the Third Circuit Court of Appeals decided a dispute…

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Second Circuit Finds Board Abused Discretion in Denying Supplemental Pension Plan for Certain Management Employees (SERP) Benefits

In Wegmann v. Young Adult Inst., Inc., No. 20-1147, __F.App’x__, 2021 WL 3573753 (2d Cir. Aug. 13, 2021), the Second Circuit considered whether Defendants Young Adult Institute, Inc. (“YAI”) and Trustees…

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ERISA Watch – Third Circuit Holds that Plan Participant Bargaining Power Is Not a Substantive Element of a Top-Hat Plan

This week’s notable decision is Sikora v. UPMC, No. 17-1288, __F.3d__, 2017 WL 5642407 (3d Cir. Nov. 24, 2017), where the Third Circuit joined the First Circuit, and departed from…

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ERISA Watch – Fourth Circuit Rules that Top-Hat Plan Can Change Crediting Rate Used to Calculate a Participant’s Payout

This week’s notable decision, Plotnick v. Computer Scis. Corp. Deferred Comp. Plan for Key Executives, No. 16-1606, __F.3d__, 2017 WL 5162581 (4th Cir. Nov. 8, 2017), required the Fourth Circuit…

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