A class action accusing Huntington Ingalls Industries Inc. of shortchanging certain pensions by using 50-year-old life expectancy data to calculate benefits can advance toward trial, a federal judge in the U.S. District Court for the Eastern District of Virginia ruled.
Senior Judge Rebecca Beach Smith on Tuesday adopted a magistrate judge’s report, which concluded that 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.
Herndon presented evidence that Huntington calculated pensions using insurance tables from the ...
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