IBM office building.

Last September, the Department of Labor asked a U.S. Court to Appeals to reopen a class action lawsuit, Joshua Knight v. International Business Machines, filed against IBM and its pension plan administrator in 2022 in support of employees, who alleged they were shorted on pension payments.

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Lynn Cavanaugh

Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.