Huntington Ingalls Class Likely to Get Trial in Pension Case

A class action accusing Huntington Ingalls Industries Inc. of shortchanging certain pensions by using 50-year-old life expectancy data to calculate benefits should advance toward trial, a federal magistrate judge in the Eastern District of Virginia recommended.

Huntington retiree Roger Herndon and his expert witness presented enough evidence that the company’s pension calculations were unreasonable to go to trial on his claims under the Employee Retirement Income Security Act, Magistrate Judge Douglas E. Miller said in an Aug. 28 recommendation. Herndon presented evidence that Huntington calculated pensions using insurance tables from the 1960s that aren’t approved by the Internal Revenue Service ...