April 19, 2024
A pension plan for union-represented Northern California metalworkers, the plan administrator and a law firm will pay roughly $2.5 million to end a proposed class action alleging about 30 early retirees weren't given the full benefits they were promised, according to paperwork filed Friday in California federal court.
March 08, 2024
A California metalworkers' pension plan and its fund manager agreed to end a proposed class action alleging over two dozen retirees had their pension payments slashed even though they were promised full benefits when they retired early, according to an order issued Friday in federal court.