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Former Sea World employees have enhanced pension benefits in the tank after successfully arguing their case in court, reports Sam Knef for the Sat. Louis Record.
The court found they were “entitled to enhanced pension benefits under parent company Anheuser-Busch’s employee-pension plan,” he writes.
The employees has sued in 2012, “claiming that Section 19.11(f) of the Anheuser-Busch pension plan provided for an enhanced pension benefit for participants whose employment with the controlled group was involuntarily terminated within three years of a change in control. The enhanced benefit section stipulates that five years would be added to the participant’s credited service for purposes of calculating benefits, the ruling stated,” writes Knef.
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