Claim Form Deadline: Ongoing
Estimated Payout: Varies
Proof Required: Yes
Are You a Former Howard University Employee Receiving Pension Benefits?
If you began receiving a pension from Howard University before 2017 and were married when you started receiving benefits, you might be receiving lower pension payments than you are entitled to and may have a valid claim.
Survivor Benefits for Spouses of Pensioners May Be Insufficient
Retirees generally receive an annuity, a monthly payment for life. They can either choose an annuity for themselves or one that includes a “survivor benefit,” ensuring that monthly payments continue to a spouse after the retiree passes. For married retirees, the survivor benefit is the default option. However, converting a standard annuity to a survivor benefit annuity involves complex formulas based on life expectancy and interest rates.
Attorneys believe that Howard University may be using incorrect formulas to calculate survivor benefit annuities, potentially leaving retirees and their spouses with less money than they should receive.
About Howard University
Howard University is a private, historically Black research institution located in Washington, D.C. Established in 1867, it is recognized for its strong academic programs and contributions to African American education and culture. The university annually graduates around 2,000 to 2,500 students across a range of disciplines and employs between 4,000 and 5,000 faculty and staff, all committed to advancing education, research, and community service.
How Can You Qualify for a Pension Benefits Claim?
If you started receiving pension benefits from Howard University before 2017 and were married when you began receiving your benefits, you may qualify to recover the pension benefits owed to you. To check if you qualify, contact an attorney via the links provided below.
Claim Form Website: [Join Class Actions]
