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Ecolab Retirees’ Pension Calculation Challenge Trimmed by Judge
A federal judge has partially allowed a proposed class action lawsuit against Ecolab Inc. to proceed, concerning how the company calculates pensions for certain married employees. While claims from two early retirees were dismissed, a plaintiff who did not retire early can continue with claims under ERISA regarding spousal annuities and the forfeiture of accrued benefits. The lawsuit challenges the company’s pension calculation methods for married workers.