Xerox Corp. retirees, who brought a lawsuit against the company for changing how their pension benefits were calculated, may have to wait a little longer for a decision from the courts.

A decision this week by the U.S. Court of Appeals for the Second Circuit remanded the case back to the U.S. District Court of the Western District of New York where it originated.

Pension plan participants had sued in 2006 because they said Xerox not only changed how their pension benefits were calculated, but didn't tell them it did so.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.