July 16, 2025
An electric utility holding company has agreed to pay $7 million to resolve a proposed class action alleging it underpaid retirees in pension benefits by calculating their payments using outdated mortality data, according to an Arizona federal court filing.
May 02, 2025
An electric utility holding company agreed to resolve a proposed class action claiming its use of outdated mortality data shorted retirees who opted to receive pension benefits with their spouses, according to a filing in Arizona federal court.