Plaintiffs Value Proposed Deal In Mortality Tables Suit At More Than $149 Million

( July 10, 2026, 11:46 AM EDT) -- SAN FRANCISCO — An Employee Retirement Income Security Act case challenging the use of allegedly outdated assumptions to calculate annuities for married pension plan participants would be resolved in a settlement that the named plaintiffs say would provide “more than $149 million in combined monetary and prospective relief to” members of a proposed settlement class and subclasses that together would consist of nearly 170,000 individuals; in the preliminary approval motion filed in a California federal court on July 9, the named plaintiffs further say that up to $35 million for attorney fees and costs “would not reduce the monetary benefits to the Class.”...