Retirement Plan Changes

Raytheon Retirement Plan Changes and Benefit Payouts ERISA Class Action

This class action concerns retirement benefits, bringing suit against Raytheon Company, the Raytheon Bargaining Retirement Plan, and the plan’s administrator. The complaint alleges that these defendants changed rules for the plan without notice to the participants and did not pay out the full benefits that plan members who had a temporary separation from the company  Read more

Kaleida Health Pension Plan Conversion Benefit Losses ERISA Class Action

This class action, brought under the Employee Retirement Income Security Act (ERISA), concerns a conversion of pension benefit plans. The complaint alleges that the defendants—Kaleida Health, Kaleida Health Pension Growth Plan, Kaleida Health Retirement Plan Committee, and Kaleida Health’s Board of Directors—did not properly calculate the account conversions, so that some employees lost significant amounts  Read more