The National Basketball Association’s pension plan defeated a lawsuit by a 73-year-old former player, when the Second Circuit said Nov. 12 the case was filed “at least 10 years too late.”
The ruling means Zaid Abdul-Aziz, who retired from the league in 1978 after a 10-year career with multiple teams, can’t receive new cost-of-living adjustments added to the plan years after his retirement.
Abdul-Aziz knew that he wouldn’t receive future benefits or cost-of-living adjustments by at least 2001, the court said. That makes his 2017 lawsuit untimely under the Employee Retirement Income Security Act, the court said in an unpublished ...
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