$900,000 Class Settlement Gets Preliminary OK In ERISA Annuity Calculation Case

(November 8, 2023, 1:28 PM EST) -- MILWAUKEE — A Wisconsin federal judge on Nov. 7 granted preliminary approval to a class action settlement with an estimated present value of $900,000 in a suit claiming that married retirees and beneficiaries were “shortchanged” by pension benefits calculated using allegedly outdated mortality and interest rate assumptions....