IBM Retirees Filed Shorted Pension Suit Too Late, Judge Says

Gunnar Larson g at xny.io
Mon Apr 8 10:44:08 PDT 2024


IBM Retirees Filed Shorted Pension Suit Too Late, Judge Says
<https://www.law360.com/technology/articles/1821591?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-04-08&read_main=1&nlsidx=0&nlaidx=12>

By Grace Elletson

IBM escaped a proposed class action alleging it stiffed workers on pension
payments by using outdated mortality data to calculate their benefits when
a New York federal judge ruled that their claims timed out under the plan's
limitations on when its participants could sue.

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<https://www.law360.com/technology/articles/1821591?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-04-08&read_more=1&nlsidx=0&nlaidx=12>
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