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In re C. D. Moyer Co. Pension Trust

United States Court of Appeals, Third Circuit
Sep 18, 1978
582 F.2d 1273 (3d Cir. 1978)

Summary

holding that Plan prohibiting amendment that would permit "trust corpus or income to be diverted to or revert to either of the employers or to be used for any purpose other than the exclusive benefit of the participants, or their beneficiaries" did not prohibit reversion of surplus to employer because the term "trust corpus or income" only applied to those assets necessary to insure full payment of Plan obligations

Summary of this case from Chait v. Bernstein

Opinion

No. 78-1109.

September 18, 1978.

E.D.Pa., 441 F.Supp. 1128.


AFFIRMED


Summaries of

In re C. D. Moyer Co. Pension Trust

United States Court of Appeals, Third Circuit
Sep 18, 1978
582 F.2d 1273 (3d Cir. 1978)

holding that Plan prohibiting amendment that would permit "trust corpus or income to be diverted to or revert to either of the employers or to be used for any purpose other than the exclusive benefit of the participants, or their beneficiaries" did not prohibit reversion of surplus to employer because the term "trust corpus or income" only applied to those assets necessary to insure full payment of Plan obligations

Summary of this case from Chait v. Bernstein
Case details for

In re C. D. Moyer Co. Pension Trust

Case Details

Full title:In re C. D. Moyer Co. Pension Trust

Court:United States Court of Appeals, Third Circuit

Date published: Sep 18, 1978

Citations

582 F.2d 1273 (3d Cir. 1978)

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