$7M Class Settlement Gets Final OK In ERISA Annuity Calculation Case

( December 4, 2025, 2:26 PM EST) -- PHOENIX — An Arizona federal judge on Dec. 3 granted final approval to a class settlement with a present value of $7 million that resolves a suit challenging the use of allegedly outdated mortality assumptions to calculate annuities for married pension plan participants; as requested, the judge also awarded a third of that total for attorney fees....