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BONNEAU v. PLUMBERS & PIPEFITTERS UNION TRUST

No. 13-1515.

736 F.3d 33 (2013)

Ronald R. BONNEAU, Richard Donnelly, James Koziera, and John F. Toner, Jr., Plaintiffs, Appellees, v. PLUMBERS AND PIPEFITTERS LOCAL UNION 51 PENSION TRUST FUND, by and through its Trustees, Robert BOLTON, David Rampone, Michael St. Martin, David Greenberg, Robert Walker, William Demello, Michael Volino, and Thomas Hanfield, Defendants, Appellants.

United States Court of Appeals, First Circuit.

November 15, 2013.

Attorney(s) appearing for the Case

James F. Grosso , with whom O'Reilly, Grosso & Gross, P.C., Michael W. Murphy , and Rodio & Ursillo, Ltd. were on brief, for appellants.

William J. Conley , Jr. for appellees.

Before LYNCH, Chief Judge, SELYA, Circuit Judge, and HILLMAN, District Judge.

LYNCH, Chief Judge.

This is a dispute between a group of now-retired union employees over certain "banked hour" benefits which their union Pension Trust wants to eliminate, and the Trust, which is in distress and trying to find sources of funding to meet its obligations to its larger group of plan participants. The Trustees agreed not to impose the cuts until a court had finally determined whether these cuts, effectuated through Plan Amendment Nine, violated the anti...

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