Michigan Federal Judge Dismisses ERISA Case Over Outdated Mortality Tables

(April 22, 2024, 2:44 PM EDT) -- DETROIT — Saying he “sympathizes with Plaintiffs’ position” but agrees with the defendants’ “statutory interpretation analysis,” a Michigan federal judge dismissed with prejudice a putative class suit in which Kellogg Co. retirees argued that using outdated assumptions and mortality tables to calculate pension benefits violates the actuarial equivalence requirements of the Employee Retirement Income Security Act....

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