United States Seventh Circuit

Plan member, who delayed purchasing an annuity from the designated insurer, has no claim based on paying a higher price for the annuity when interest rates fell after his retirement but before his annuity purchase.

Appellate Information

• Argued 12/06/2000
• Decided 02/28/2001
• Published 02/28/2001

Judges

• POSNER, Circuit Judge., Before BAUER, POSNER, and WILLIAMS, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Charles D. Boutwell (argued), Northbrook, IL, Phillip E. Sliwiak, Palatine, IL, for plaintiff-appellant.


• For Appellees:
  
• Mark E. Schmidtke (argued), Hoeppner, Wagner & Evans, Valparaiso, IN, for defendants-appellees.