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WHITE v. SUNDSTRAND CORP.

Nos. 00-2613, 00-4075, 01-1126.

256 F.3d 580 (2001)

William R. WHITE, on behalf of themselves and a class of others similarly situated, Plaintiffs-Appellants, v. SUNDSTRAND CORPORATION, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided July 3, 2001.

Attorney(s) appearing for the Case

Kristi L. Browne, Walner & Associates, Suzanne McCarthy (argued), Chicago, IL, for Plaintiffs-Appellants in No. 00-2613.

Peter M. Kelly (argued), Ogletree, Deakins, Nash, Smoak & Stewart, Chicago, IL, for Defendants-Appellees in 00-2613.

Suzanne McCarthy (argued), Chicago, IL, for Plaintiffs-Appellants in No. 004075.

Peter M. Kelly, Ogletree, Deakins, Nash, Smoak & Stewart, Chicago, IL, for Defendants-Appellees in Nos. 00-4075 and 01-1126.

Dennis T. Trainor, Walner & Associates, Chicago, IL, for Plaintiffs-Appellants in No. 01-1126.

Before EASTERBROOK, MANION, and EVANS, Circuit Judges.

EASTERBROOK, Circuit Judge.

Until it became a subsidiary of Sundstrand in 1984, Sullair Corporation had a floor-offset pension plan. Distinctive features of that plan still apply to persons who worked at Sullair before the acquisition. A floor-offset plan uses a defined-benefit structure (with pension payments linked to years of work and high salary) to buffer the uncertainty of a defined-contribution system (where pension payments depend on the performance of investments...

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