T
Talen Energy
Talen Energy agreed to a $20 million settlement over claims it reduced pension benefits in violation of ERISA.
ClosedUnited States-wideClaim status: Closed on July 1, 2024Payout: $4,000No longer claimable
About this settlement
The case addresses alleged improper pension benefit reductions under federal retirement law.
This settlement resolves claims that Talen Energy violated ERISA by reducing pension benefits for participants in its retirement plan during 2015-2019. Eligible participants may receive an estimated payment of $4,000.
Who qualifies
- Participants in the Talen Energy Retirement Plan between June 1, 2015 and December 5, 2019.
$4,000
Claim status: Closed on July 1, 2024