$2.45M Class Settlement In ERISA Annuity Calculation Case Wins Final Approval

( January 2, 2025, 2:25 PM EST) -- MILWAUKEE — A class of about 500 individuals whose joint survivor annuity (JSA) benefits were calculated using a 1971 mortality table and 6% interest rate will receive increased benefits under a $2.45 million Employee Retirement Income Security Act settlement that a Wisconsin federal judge granted final approval....