April 27, 2022
This class action against United Parcel Service of American, Inc. (UPS) concerns its UPS Retirement Plan and UPS Pension Plan and the calculation of benefits. The complaint alleges that joint and survivor (JSA) benefits are not actuarially equivalent to single life annuities (SLAs), as required by the Employee Retirement Income Security Act (ERISA). It brings suit against UPS, the Administrative Committee of the UPS Retirement Plan, and the Board of Trustees of the UPS Pension Plan.
Case Event File: UPS Retirement Plan JSA Payment Calculation ComplaintRelated to: UPS Retirement Plan JSA Payment Calculation Class Action