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NEDROW v. MacFARLANE & HAYS CO. EMP. PROFIT, ETC.

Civ. A. No. 78-73216.

476 F.Supp. 934 (1979)

Charles A. NEDROW, Plaintiff, v. MacFARLANE AND HAYS COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST, Defendant.

United States District Court, E. D. Michigan, S. D.

September 13, 1979.

Attorney(s) appearing for the Case

Harold A. Larson, Larson & Harms, Farmington Hills, Mich., for plaintiff.

Patrick J. Keating, Schuur, Keating & Wells, Detroit, Mich., for defendant.

MEMORANDUM OPINION AND ORDER

JOINER, District Judge.

The cross motions for summary judgment filed in this case require the court to look into the extent to which a pension plan, subject to the strictures of the Employee Retirement Income Security Act of 1974 (ERISA), may utilize forfeiture clauses to induce certain behavior from its participants.

Prior to ERISA, pension plans commonly included clauses under which, for a variety of what the employer...

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