The lawsuit alleges that Pinnacle West, an electric utility, used outdated mortality tables, causing it to underestimate the present value of employee pensions. Former employees of Pinnacle West, an ...

A participant in a Sprint Communications LLC defined benefit plan sued the company and plan fiduciaries alleging the plan used out-of-date mortality tables and improper interest rates to calculate ...

The Department of Labor has backed an appeal by IBM retirees to reopen a lawsuit alleging the company used outdated mortality tables to determine the value of pension benefits. The Department of Labor ...

The IRS recently released Notice 2023-73, which contains a mortality table for use in determining minimum present value under IRC Section 417(e)(3) and Section 205(g)(3) of ERISA for distributions ...