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Citgo Will Increase Pensions $10M To End Mortality Table Suit

By Kellie Mejdrich ( October 3, 2024, 12:56 PM EDT) -- Citgo will increase the value of pensioners' retirements by $10 million to settle a class action alleging it shorted early retirement payouts by basing the allowances on outdated mortality tables that used data from the 1970s, according to filings in Illinois federal court....

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