Welcome: Solvay Class Action Lawsuit

Stephen R. Bruce
Attorney for Plaintiffs

202.371.8013 phone _ 202.371.0121 fax
stephen.bruce@prodigy.net

Suite 210, 805 15th St. NW Washington, DC 20005

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Welcome to the Solvay Pension Class Action Lawsuit web page, which provides information and court documents relating to the Solvay class action lawsuit about a cash balance pension conversion: Jensen, et al. v. Solvay America, Inc., et al., C.A. 06-273 (D.Wyo.).

See the Court’s February 8, 2008 Order certifying an ERISA class and approving a collection action under the ADEA.

IMPORTANT: Notices of the age discrimination lawsuit and consent forms were mailed on March 10, 2008. Read the Notice of Age Discrimination Lawsuit Concerning Benefits Under the Solvay America Companies Pension Plan After 2005. To join the class, you must sign and return the Consent Form before June 4, 2008. Note: Please do not submit the form posted on this website if you already received the Consent Form in the mail with a prepaid return envelope.

The Solvay case centers on the conversion of the Solvay America Companies Pension Plan to a “cash balance plan,” which significantly reduced future retirement benefits for employees. In the lawsuit, the plaintiffs argue that the pension plan conversion is inconsistent with statutory requirements and disclosure rules under ERISA and the ADEA.

Below is the class definition for this lawsuit:

The class definition adopted by the District Court covers any and all persons who:

Are current or former employees of subsidiaries of Solvay America, Inc.,
Were age 40 or more as of February 8, 2008; and
Participated in the Solvay America Companies Pension Plan before January 1, 2005, and have been subject to the “Retirement Account Balance Formula” on or after January 1, 2005.

Attorneys handling the class action are:

Stephen R. Bruce, Washington, D.C., lead counsel
Richard Honaker, Rock Springs, WY