Labor & Economic News Blog


Friday, September 08, 2006

Settlement of $12 million proposed for pension plans

Settlement of $12 million proposed for pension plans
WASHINGTON - The Labor Department proposed a $12 million agreement on Thursday with the estate of Ken Lay to settle claims involving mismanagement of workers' pension plans. The proposed settlement on behalf of participants covered by Enron's pension plans is subject to approval by the U.S. District Court for the Southern District of Texas, the department said.

 



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