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AMARA v. CIGNA CORP.

No. 3:01CV2361 (MRK).

534 F.Supp.2d 288 (2008)

Janice C. AMARA, individually and on behalf of others similarly situated, Plaintiff, v. CIGNA CORPORATION and Cigna Pension Plan, Defendants.

United States District Court, D. Connecticut.

February 15, 2008.

Attorney(s) appearing for the Case

Allison C. Caalim, Stephen R. Bruce, Law Offices of Stephen R. Bruce, Washington, DC, Thomas G. Moukawsher, Moukawsher & Walsh, Hartford, CT, for Plaintiff.

Bradford S. Babbitt, James A. Wade, Brett J. Boskiewicz, Robinson & Cole, Hartford, CT, Christopher A. Parlo, Morgan, Lewis & Bockius, New York. City, Jamie M. Kohen, Jeremy P. Blumenfeld, Joseph J. Costello, Morgan, Lewis & Bockius LLP, Philadelphia, PA, for Defendants.

MEMORANDUM OF DECISION

MARK R. KRAVITZ, District Judge.

Since the mid-1980s, hundreds of U.S. employers have converted their traditional defined benefit pension plans into what are known as "cash balance" retirement plans. In fact, according to the Pension Benefit Guaranty Corporation, over 1,500 cash balance plans and other similar hybrid plans were in existence as of 2003, providing pension benefits to over 8 million participants, approximately...

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