CLASS ACTION ALLEGATIONS
STATEMENT OF FACTS
FIRST CLAIM FOR RELIEF:
Age Discrimination in Pension Benefit Freeze
SECOND CLAIM FOR RELIEF: Age Discrimination
in Contingent Payment of New Cash Balance
Benefits Based on Previously Accumulated Pensions
THIRD CLAIM FOR RELIEF: Improper,
Untimely and Inadequate ERISA Section 204(h)
Notice
FOURTH CLAIM FOR RELIEF: Failure to
Maintain Plan Pursuant to Written Instrument
FIFTH CLAIM FOR RELIEF: Breach of
Fiduciary Duty
SIXTH CLAIM FOR RELIEF: Misleading
Summary Plan Description
SEVENTH CLAIM FOR RELIEF: Breach of
Fiduciary Duty to Keep Beneficiaries Informed
EIGHTH CLAIM FOR RELIEF: Intentional Interference
with Attainment of Benefits
NINTH CLAIM FOR RELIEF: Decreases
in Accrual Rates Based on Age
STATEMENT OF ADDITIONAL
FACTS
TENTH CLAIM FOR RELIEF: Conditioning
payment of vested accrued benefits on forbearance
violates ERISA section 203(a) and 204(b)(1)(B)
ELEVENTH CLAIM FOR RELIEF: Conditioning
receipt of the actuarial value of vested accrued
benefits violates ERISA Section 204(c)(3)
TWELFTH CLAIM FOR RELIEF: Reducing "protected" benefits
by 6% per year for commencement before age 55 violates ERISA
section 204(g) and ERISA sections 203(e) and 205(g)
PRAYER FOR RELIEF ON
ADEA CLAIMS
PRAYER FOR RELIEF ON ERISA CLAIMS
The Complaint was submitted by attorneys:
Stephen R. Bruce
Suite 210
805 15th St., NW
Washington, D.C. 20005
(202) 371-8013 SB-1240
Edgar Pauk
Suite 600
144 E. 44th St.
New York, NY 10017
(212) 983-4000
Jonathan I. Nirenberg
Deutsch, Resnick, Green & Grabell
One University Plaza, Suite 305
Hackensack, NJ 07601
(201) 498-0900