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Duke University Agrees to $2.35M Settlement Over Retirement Benefit Miscalculations - USA Herald
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Duke University Agrees to $2.35M Settlement Over Retirement Benefit Miscalculations - USA Herald
A North Carolina federal judge has given preliminary approval to a $2.35 million settlement between Duke University and a retired employee who accused the institution of using outdated mortality tables to calculate pension benefits—shortchanging retirees out of millions. U.S. District Judge Catherine C. Eagles signed off Tuesday on the proposed class settlement, finding that the deal was fairly negotiated and backed by extensive litigation. The …
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