What is the class action claim?
U.S. Bank early retirees – those who retired prior to age 65 (ideally before age 63)— who received benefits under Part B of the U. S. Bank defined benefit retirement plan were paid monthly benefits that were too low compared to those who retired at or after age 65 because the early retirement benefits were not actuarially equivalent to the normal age retirement benefits under Part B of the plan. In effect, early retirees were penalized by U.S. Bank for retiring early, a violation of ERISA.
Who can join this class action?
Any former employees of U. S. Bank who retired from U.S. Bank within the past six (6) years.
Is there any cost to me?
No. All plaintiff attorneys are litigating this case on a contingency fee basis.
What if I signed a severance agreement with a release of claims?
Severance agreements generally cannot prevent you from being part of a class action or a being a class representative in this type of case. Please contact us if you have more questions on your specific severance agreement.
How can I help &/or participate?
1. We are interested in reviewing documents you can download from the U. S. Bank Pension Plan website:
- Any U.S. Bank retirement plan documents
- Annual Benefits Disclosure
- Statements – Please feel free to redact any personal data
Please email to firstname.lastname@example.org or fax to 646-546-5755.
- Refer other U.S. Bank retirees by sharing this page and or posting on social media (FB, LinkedIn).
- Join the case as a plaintiff Class Representative.
Please feel free to email email@example.com or call 646-546-5664 with any additional questions.