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MAHONEY v. BOARD OF TRUSTEES

No. 91-2202.

973 F.2d 968 (1992)

William MAHONEY, et al., Plaintiffs, Appellants, v. BOARD OF TRUSTEES, Boston Shipping Association-International Longshoremen's Association, AFL-CIO Pension Plan, Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided August 18, 1992.

Attorney(s) appearing for the Case

Paul A. Manoff, Boston, Mass., for plaintiffs, appellants.

Henry C. Dinger with whom Daniel P. Condon, Donna Stoehr Hanlon and Goodwin, Procter & Hoar, Boston, Mass., were on brief, for defendants, appellees.

Before BREYER, Chief Judge, CYR, Circuit Judge, and BOYLE, District Judge.

BREYER, Chief Judge.

Between 1986 and 1990 the trustees of the Boston longshoremen's pension plan significantly increased the size of retirement pensions. In doing so, they divided the increases unevenly, treating longshoremen who had already retired less favorably than those who were still working. Members of the former group claim that the trustees thereby violated the fiduciary duty they owe to already-retired longshoremen. See 29 U.S.C. §§ 1001...

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