Former employees of certain companies,
or their survivors, may be able to claim significant
benefits as a result of a class action legal settlement. The benefits
are payable under a 1996 settlement with the Pension Benefit Guaranty
Corporation (PBGC), involving some 12,000 pension plans nationwide
that were terminated between 1976 and 1981. For a list of companies,
see Company Listings.
Workers in those plans who did not receive appropriate
benefits are now entitled to them plus interest. Many thousands of missing
workers identified thus far have received payments averaging between $10,000
Employees whose addresses were available were contacted
directly as part of the settlement. However, thousands of employees
or their surviviors have not yet been paid because they have not
Under the Wrap Up Agreement for this case, the processing
of NEW claims ended on August 31, 2002. If your name was
in the class action database on August 31, 2002, you may claim
your benefit. An individual may check on the status
of a claim or supply information related to a claim,
such as a current address, by calling the PBGC at 1-800-316-8857.
Please go to the Pension
Search page for the Pension Benefit
Guaranty Corporation (PBGC) and search for the name of the person
who you think is a class member.
You may also get information from the attorney for the
class, Stephen R. Bruce, by calling (202) 289-1118.
For complete contact information, please visit our help page.