Corteva’s E.I. du Pont Sees Pension Math Lawsuits Inch Forward

Retirees suing Corteva Inc.'s E.I. du Pont de Nemours & Co. are poised to largely advance a pair of proposed class actions saying their pensions have been improperly shortchanged.

The cases involve two options available under the chemicals company’s retirement plan: pensions that make post-death payments to a retiree’s surviving spouse, and early-retirement pensions that include higher monthly payments in the years before a retiree begins collecting Social Security benefits. Magistrate Judge Laura D. Hatcher on Wednesday recommended that key aspects of both cases be allowed to move forward.

Both lawsuits say the optional pension formats are calculated using outdated ...