Pension Plan Mortality Table Litigation – What’s Next?
By EsqSocial Corporation 29/04/21
The first major settlement of a lawsuit challenging the mortality assumptions used to calculate pension plan benefits was announced earlier this year. According to court filings in Cruz v. Raytheon Company, the settlement will be worth about $59.2 million to more than 10,000 retirees and surviving spouses in five Raytheon pension plans who will see increased monthly benefits......
By: Verrill