* Local Rule 47.5 provides: "The publication of opinions

that have no precedential value and merely decide particular

cases on the basis of well-settled principles of law imposes

needless expense on the public and burdens on the legal

profession."

Pursuant to that Rule, the Court has determined that this opinion

should not be published.

IN THE UNITED STATES COURT OF APPEALS

FOR THE FIFTH CIRCUIT

______________

NOS. 94-30584 and 95-30063

Summary Calendar

______________

CLIFFORD RICE, Plaintiff-Appellant,

versus

ASBESTOS WORKERS PENSION AND

ANNUITY FUND LOCAL 53, Defendant-Appellee.

_________________________________________________________________

Appeal from the United States District Court for the

Eastern District of Louisiana

(CA 93 2273)

_________________________________________________________________

(August 9, 1995)

Before KING, SMITH, and BENAVIDES, Circuit Judges.

PER CURIAM * :

This appeal arises from the district court's granting of

Defendant-Appellee's motion for summary judgment on disability

benefits claims under the Employee Retirement Income Security Act

("ERISA"), 29 U.S.C. § 1001 et seq. We affirm.

I.

Plaintiff-Appellant Clifford Rice ("Rice") participated in the

Asbestos Workers Pension and An nuity Fund Local 53 ("the Plan"),2

which provides disability benefits based on either the Tr ustees'

own determination of eligibility or on the basis of a Social

Security Administration determination of disability. On June 18,

1982, Rice was injured at work, from which he eventually became

disabled. The Plan determined that Rice was not eligible for

disability benefits because 10 service credits were required to

receive a disability benefit and he had only 9.6 service credits.

Rice was nevertheless eligible for a welfare benefit through the

Union's health and welfare plan. Although Rice believed that his

service credits were incorrectly reported and that he was entitled

to disability, he did not contest the Plan's decision or dispute

its record of his service credits.

In 1986 the Trustees amended the Plan, lowering the required

years of service to provide a special disability benefit for Rice.

Rice again applied for disability benefits. The Plan approved the

benefit, but offset the payments for a term of forty-nine months

against a worker's compensat ion settlement Rice received. Rice

appealed the Trustee's decision, which was denied.

Rice filed another claim for disability benefits on November

24, 1992. He amended this claim to include for the first time a

claim that his service credits had been miscalculated . Rice

provided documentation in the form of paycheck stubs from the year

1967 which indicated that he earned one year of service credits

that year rather than the 0.2 as originally calculated. The

Trustees immediately increased Rice's monthly benefits

prospectively to reflect the additional 0.8 year of service credit3

and voted to reimburse Rice the amount that had been deducted based

on the worker's compensation offset. Rice was issued a check for

$26,666 .66 representing a gross payment of $33,333.33, less

$6,666.67 for taxes. The Trustees later determined that the amount

owed Rice was in fact $13,645.92. Due to the miscalculation, the

Plan overpaid Rice by $19,687.41.

The Trustees denied Rice's request for a recalculation of his

benefits from 1986 (the start of payments) until 1993 because the

request was time-barred. The Trustees also denied his request for

a disability commencement date of June 18, 1982, for the same

reason.

Rice filed suit against the Plan asserting two claims. He

first argued that he was entitled to disability payments from July

1, 1982 (the first month after his alleged disability on June 18,

1982), rather than the May 1, 1986, starting date determined by the

Plan. He also argued that his disability payments should be

increased to reflect the additional 0.8 years service credit from

July 1, 1982, to the present. The Plan filed a counterclaim to

recover the overpayment.

Rice moved for summary judgment on his claim for reimbursement

of benefits in a corrected am ount from a starting date of July

1982, and for interest a nd attorney's fees. The Plan moved for

summary judgment in its fav or on Rice's claim for retroactive

benef its and on the Plan's counterclaim for restitution. The

district court granted th e Plan's motion for summary judgment in

part and denied it in part, disposing of Rice's claims.4

The district court then granted the Plan's counterclaim for

$19,687.41 in restitution for its earlier overpayment. However,

the court rejected the Plan's argument that Rice's cl aim for

retroactive benefi t s was time-barred under Louisiana law, and

remanded the matter to the Plan for a determination of Rice's

benefits. The court refused to award prejudgment interest because

the Plan provided that no interest would be paid if the Plan's

failure to pay timely was due to the failure of the employee to

file the necessary proof. The court also refused to award

attorney's fees because the Plan had acted in good faith and the

cause of the delay was not traceable to the Plan.

Rice filed a Rule 59 motion requesting that the district court

(1) clarify when the benefit award should begin and how it should

be calculated or, alternatively, determine the amount due Rice; (2)

reconsider its denial of prejudgment interest and attorney's fees;

and (3) order the Plan to mail all Plan checks, made payable to

Rice and his counsel jointly, to counsel's office. Finding no

basis on which to review its decision, the court denied Rice's

m otion. Rice appealed the court's denial of his Rule 59 motion.

Thereafter, he filed a Rule 60(b) mot ion, challenging the Plan's

determination of the date of Rice's disability made on remand from

the district court and seeking a determination by the court of the

amount due Rice, which was denied because Rice failed to elaborate

on any circumstance which would warrant relief. Rice appealed the

court's d enial of his Rule 60(b) motion, which was subsequently

consolidated with his first appeal.5 II.

Rice contends that he must be awarded prejudgment interest to

be made whole. We review the district court's decisions on awards

of prejudgment legal interest for abuse of discretion. Whitfield

v. Lindemann

, 853 F.2d 1298, 1306 (5th Cir. 1988), cert. denied

,

490 U.S. 1089, 109 S.Ct. 2428, 104 L.Ed.2d 986 (1989).

"[P]rejudgment interest is not recovered according to a rigid

theory of compensation for money withheld, but is given in response

to considerations of fairness. It is denied when its exaction

would be inequitable. " Coxson v. Commonwealth Mortgage Co. , 43

F.3d 189, 192 (5th Cir. 1995) (citing Blau v. Lehman

, 368 U.S. 403,

414, 82 S.Ct. 451, 7 L.Ed.2d 403 (1962)).

The district court based its denial of interest on Section

12.13 of the Plan, which provides that an employee's failure to

file requested information or proof does not forfeit the right to

a benefit, but does excuse postponement of the time of payment;

further, no interest shall be paid on a Pension Benefit when the

time of payment has been so postponed. Rice failed to review his

paycheck stubs in a timely manner as requested by the Plan. Given

that he had proof that he was entitled to disability payments from

1967, to a great extent he is himself responsible for the delay;

exacting interest from the Plan under such circumstances would be

inequitable. Accordingly, we find that the district court did not

abuse its discretion in denying interest o n the retroactive

payments.6 III.

Rice next appeals the dis trict court's denial of attorney's

fees. We review the district court's denial of attorney's fees

under ERISA § 502, 29 U.S.C. § 1132(g)(1), for abuse of discretion.

Izarelli v. Rexene Products Co.

, 24 F.3d 1506, 1525 (5th Cir.

1994). We apply the five factors set forth in Iron Workers Local

No. 272 v. Bowen

, 624 F.2d 1255, 1266 (5th Cir. 1980) to determine:

(1) the degree of the opposing partie s' culpability or

bad faith; (2) the ability of the opposing parties to

satisfy an award of attorneys' fees; (3) whether an award

of attorneys' fees against the opposing par ties would

deter other persons acting under similar circumstances;

(4) whether the parties requesting attorneys' fees sought

to benefit all participants and beneficiaries of an ERISA

plan or to resolve a significant legal question regarding

ERISA itself; and (5) the relative merit of the parties'

positions.

Bowen , 624 F.2d at 1266.

We find that the majority of the Bowen factors supports the

district court's decision: (1) evidence demonstrates that the Plan

acted in good faith, going so far as to establish a special

disability bene fit for Rice when it was thought he did not have

sufficient credits to qualify for the regular disability benefit;

(2) the Plan does have assets and could pay an award; (3) no

deterrent effect would be served since the Plan acted in good

faith; (4) Rice's case dealt only with circumstances peculi ar to

him; (5) the Plan's denial of past benefits was colorably based on

the statute of limitations issue. Accordingly, we find no abuse of

discretion in the denial of attorney's fees by the district court.

IV.

Rice challenges the district court's order of restitution for7

the Plan's overpayment of benefit s, arguing that there is no

evidence of any overpayment. Rice missed forty-nine months of

payments total ling only $13,645.92, yet he was paid $33,333.33.

Although Rice contends the extra $19,687.41 was no mistake, he

offers no explanation why he was entitled to it.

It is clear from the record that the $33,333.33 payment was an

oversight that st emmed from a misapplication of the calculations

used to determine the worker's comp ensation offset. Rice's

disability benefit was to have been $269.22 per month from May 1,

1986 to January 1, 1998, and thereafter $284.88 per month. Rice

received a lump sum worker's comp ensation settlement of $50,000.

The Trustees allocated a third of that amount to future medical

paymen ts. Assuming the remaining $33,333.33 were invested, the

Plan determined that it would provide a term certain annuity equal

to $183 per week, or approximately $732 per month, for forty-nine

months. As that amount clearly far exceeded the disability benefit

Rice was entitled to under the Plan, the Plan benefit was

completely offset for forty-n ine months. On the fiftieth month,

Rice received his regular monthly benefit. Thus, the Plan had

withheld from Rice only $13,645. 92, not the $33,333.33 he was

given.

Rice next argues that, even if there was an overpayment, he

should not have to return more than the net amount he received

after taxes and other costs ($13,333.33). Citing J amail, Inc. v.

Carpenters District Council of Houston Pension and Welfare Trusts

,

954 F.2d 299, 306 (5th Cir. 1992), in which th e Court permitted8

administrative costs to be deducted from the restitution amount,

Rice contends that the district court should have deducted the

associated costs and expenses he incurred in collecting the payment

from the Plan. However, R ice has failed to prove the amount or

purpose of any costs or expenses he may have incurred. Given the

absence of any proof of expenses incurred, the district court did

not err in ordering restitution in the full amount of the

overpayment.

V.

Rice's Rule 59 motion requested that the distric t court

clarify its judgment, thereby altering or amending the judgment, by

recognizing a July 198 2 starting date and recalculating his

benefits. Rice contends that the district court should have made

the recalculations of his disability benefits without remanding to

the Plan. We review the district court's denial of Rice's Rule

59(e) motion to "alter or amend" a judgment under an abuse of

discretion standard. Simon v. United States , 891 F.2d 1154, 1159

(5th Cir. 1990).

At the time of the district court's judgment, the Plan had not

made a ruling on the date at which Rice became disabled because

Rice's claim had been denied on timeliness grounds. The terms of

the Plan clearly give the Trustees the authority and discretion to

make benefits eligibility determinations. Because the Plan had not

yet ruled on the date of Rice's disability, it was appropriate for

the district court to remand to a llow the Plan to make those

determinations in the first instance. Accordingly, no abuse of9

discretion arose in the decision to deny Rice's Rule 59 requests.

Additionally, Rice also asked in his Rule 59 motion for the

district court to order that all checks arising from this claim be

made payable him and his counsel jointly and mailed to counsel's

office. The court's denial of that motion is reviewed for abuse of

discretion. Simon , 891 F.2d at 1159.

Rice failed to raise the issue prior to the Rule 59 motion.

We have cited with approval the Seventh Circuit's sta tement that

"Motions for a new trial or to alter or amend a judgment must

clearly establish either a manifest error of law or fact or must

present newly discovered evidence. These motions cannot be used to

raise new arguments which could, and should, have been made before

the judgment issued." S imon

, 891 F.2d at 1159 (citing Federal

Deposit Insurance Corp. v. Meyer

, 781 F.2d 1260, 1268 (7th Cir.

1986)). Furthermore, Rice cites no authority for the proposition

that his payment or fee arrangement with counsel is binding on the

Plan, which is not a party to that agreement. Therefore, we find

no abuse of discretion in the district court's denial of Rice's

Rule 59 motion.

VI.

Finally, as to the Rule 60(b) motion, Rice contends that the

district court should have reviewed the calculations the Plan made

on remand, without the necessity of filing another lawsuit. This

same issue, involving the same Plan, was before this Court in

Sellars v. Asbestos Workers Local 53 Pension and Annuity Fund

, No.

94-30438 (5th Cir. May 30, 1995) (unpublished). In that case, we10

held that the district court's denial of the Rule 60(b) motion

asking the court to review the postjudgment actions of the Plan was

n ot an abuse of discretion. We noted with approval the district

court's statement that the plaint iff could not challenge the

recalculations without filing a new action. As S ellars

illustrates, the district court properly denied the Rule 60(b)

motion.

VII.

For the reasons articulated a bove, the judgment of the

district court is AFFIRMED.