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Claims Court Grants Retirees Class Cert In Pension Cut Suit

The U.S. Court of Federal Claims on Monday granted a group of over 10,000 United Parcel Service retirees class status in their takings case challenging a reduction in their pension plans caused by a federal law that legalized those cuts, ruling the claims are alike and can proceed as one.

Teamsters Plan to Claim Most of Latest PBGC Aid | Chief Investment Officer

PBGC to Provide Nearly $800 Million to Rescue 2 Pension Plans

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