$900,000 Class Settlement Proposed In ERISA Case Over Annuity Calculations

(November 2, 2023, 1:22 PM EDT) -- MILWAUKEE — A plaintiff who argues that married retirees and beneficiaries were “shortchanged” by pension benefits calculated using allegedly outdated mortality and interest rate assumptions on Nov. 1 asked a Wisconsin federal court to approve a class action settlement with an estimated present value of $900,000....

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