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Sherwood, MD · Education
The Money Overview
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Howard University retirees in its frozen pension plan could get permanent monthly increases and a lump sum under a $1.3 million settlement, pending a final-approval hearing expected on or after Dec. 18
Retirees and surviving spouses in Howard University’s frozen pension plan are in line for permanent monthly increases and a lump sum under a $1.3 million class settlement that won preliminary court approval on Sept. 18. The deal covers about 1,788 plan participants and beneficiaries. Final approval is still ahead, with a fairness hearing expected on […] The post Howard University retirees in its frozen pension plan could get permanent monthly increases and a lump sum under a $1.3 million settlement, pending a final-approval hearing expected on or after Dec. 18 appeared first on The Money Overview .
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