Ramsey
Ramsey v. Amfac, Inc.
Opinion
lead Opinion
Legge, J.
ORDER ON MOTIONS
This class action concerns competing claims to money held in a single-employer, defined-benefit, employee pension plan that defendants terminated on December 31, 1994. The dispute arises from conflicting interpretations of the effect of the Retirement Protection Act of 1994 (“RPA”), Pub.L. No. 103-465, 108 Stat. 5012 (1994), on the Employee Retirement Income Security Act (“ERISA”), 29 U.S.C. § 1001 et seq. This court has subject matter jurisdiction over this dispute under 29 U.S.C. section 1132 (e)(1) and 28 U.S.C. section 1331 . Plaintiffs move for judgment on the pleadings on Count I, and defendant Northbrook cross-moves for summary judgment on Count I.
I
The record of the motions and the pleadings establish the following facts without dispute:
Defendant Amfae created an employee benefit plan in 1989 by merging twelve previously established subplans into one. Since December 1992, defendant Northbrook has administered the plan. 1 At all relevant times, the plan has provided that Northbrook *1426 would receive 100% of any reversion and that Northbrook retained full authority to amend or terminate the plan at any time. (Retirement Plan for Employees, Ex. A to…