Settlement With ‘Landmark’ Recovery In Mortality Table Row Wins Final Approval

( January 28, 2025, 11:12 AM EST) -- CHICAGO — An Illinois federal judge on Jan. 27 granted final approval to a class settlement including what retirees said is a “landmark recovery” of $10 million in the Employee Retirement Income Security Act suit over allegedly outdated mortality tables used to calculate joint and survivor annuity (JSA) benefits in two Citgo Petroleum Corp. pension plans; he also approved the separate $4.75 million agreement, of which $4,366,908.05 is for attorney fees, $308,091.95 is for expenses and $75,000 is for service awards....