Labor Board Says Rights Of Workers Extend Online Review

Reversing a holding by the U.S. Court of requests for the Ninth Circuit, the U.S. Supreme Court held that a company does not violate the worker Retirement earnings Security proceed (ERISA) by amending its defined-benefit retirement benefit design, as long as those employees who took part in the design before it was changed stay warranting to the identical grade of benefits. In Hughes Aircraft Co. v. Jacobson,1 the High Court discovered that the addition of new, noncontributing participants to the defined-benefit plan did not affect the rights of previous participants who were needed to ...