Wagener v. SBC Pension Benefit Plan-Nonbargained
Program, Civ. No. 03-CV-769 (D.D.C.)
On July 31, 2008, Chief Judge Lamberth of the U.S. District Court for
the District of Columbia preliminarily
approved a settlement of this action, begun in 2003 and certified
as a class action in 2005, under which the Plan will pay a total of
$16 million to settle a claim that it miscalculated the pension
benefits owed to some 3,800 non-bargained (management) retirees of
certain AT&T companies who retired under a 2000 early retirement
window known as the Enhanced Pension and Retirement Program
(“EPR”).
The settlement, however, will only become effective if finally
approved by the Court. A final approval hearing has been scheduled for
9:30 a.m., Friday, November 21, 2008 in Washington, D.C.
Notice to all known class members, with estimated payouts, will be
mailed during the month of August, to be completed by the end of
August.
For more detailed information about the case and the proposed
settlement, see www.eprclassaction.com.
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