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Kellogg Beats ERISA Suit Over Use Of Outdated Data

By Emily Brill (April 18, 2024, 2:33 PM EDT) -- A Michigan federal judge tossed litigation accusing Kellogg of shortchanging married retirees by relying on outdated life expectancies and interest rates when calculating their pension payments, agreeing with the company that the Employee Retirement Income Security Act doesn't require the data used to be reasonable....

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