Law: Pension Parity

Court gives women a break

That women live longer than men is a fact of, well, life. Under many pension plans, women pay for it in bigger paycheck deductions for retirement benefits or smaller payments once they have started collecting. Last week the Supreme Court ruled, 6 to 2, that charging women more than men to participate in a pension plan violates a congressional ban on sex discrimination. In a decision hailed as a victory for the equal rights movement, the court stated that employers may no longer exact a larger contribution from women than from men. By paying the same rate,...

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