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6th Circ. Tosses Airport Retiree s Pension Suit
Law360 (August 2, 2021, 10:00 PM EDT) A Sixth Circuit panel upheld the dismissal of a retired Detroit airport employee s challenge to a pension reduction Monday, holding that the former operations director squandered his chance at a higher benefit level when he failed to fully transfer his savings from one retirement account to another.
The panel held that the Wayne County Employees Retirement System s overseers correctly determined that Daniel Kerber, a former employee of the Wayne County Airport Authority, disqualified himself from receiving the higher pension that came with participation in Plan One. Kerber didn t transfer all of his assets over from Plan Five, a requirement for receiving.