The defendants sought leave to appeal an order certifying common issues in a class proceeding regarding a pension plan surplus.
The plaintiffs, former employees who took the commuted value of their pensions, alleged a beneficial interest in the surplus and conflicts of interest by the defendants.
The court granted leave to appeal under Rule 62.02(4)(b), finding good reason to doubt the correctness of the certification order because established case law holds that members who transfer out their commuted value have no rights to an ongoing plan's surplus.
The court also found the issues to be of broad importance to pension plan administrators.
