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21 Ιουλ 2021 · A Manhattan federal judge said Wednesday that she would approve a $4.7 million settlement for a class of IBM employees in a long-running lawsuit that worked its way all the way up to the U.S....
4 Αυγ 2023 · (Reuters) - A group of former IBM Corp (IBM.N) employees waited too long to bring claims that they were laid off as part of a purge of older workers, a U.S. appeals court said on Friday,...
Whether you are the IBM employee curious about what will happen to your retirement if you divorce, or you are the non-employee spouse curious about what your rights are, this article will equip you with everything you need to know about splitting IBM retirement benefits incident to divorce.
2 Μαρ 2023 · Your pension benefits are now taken into account in divorce settlements and it can be a complex area. We have outlined below the three main options the courts offer, but we recommend that you take professional advice.
5 Απρ 2021 · IBM Corp.'s retirement plan committee signed a $4.75 million class settlement in an ERISA lawsuit challenging a 7% drop in company stock price, plan participants told a Manhattan federal judge. The six-year-old case spawned one U.S. Supreme Court decision and two rulings by the Second Circuit.
9 Ιουλ 2021 · Retirement Plans Committee of IBM, a long-running employee stock ownership lawsuit, settled on April 2, 2021 for $4.75 million. The attorneys who represented the retirement plan participants...
The complaint alleges that the IBM Personal Pension Plan uses outdated mortality tables to determine the value of joint and survivor annuities (JSAs), resulting in married retirees receiving less than the actuarial equivalent of the benefit that ERISA protects.
