|By Mark Guydish, The Times Leader, Wilkes-Barre, Pa.|
|McClatchy-Tribune Information Services|
The trust is a consortium of area districts formed in 1999 to help lower insurance costs.
While the venue has changed, the core legal argument has not: The trust operates not as a "pooled trust" treating all members the same, but as a "segregated trust."
The trust has always countered that the wording in the agreement signed by member districts is clear: Any money paid into the trust stays there unless the trust is dissolved.
The district's argument before the
The districts argue the "sole and exclusive benefit rule" of ERISA prevents the trust from using money contributed by
No one is likely to deny
According to the
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