Former Olin Corp. Employees Receiving Pension Benefits: You May Have A Claim!

Data Breach Class Action and Mass Tort Investigation

Photo Credit: Unsplash | Updated: December 15, 2024

Claim Form Deadline: Ongoing

Estimated Payout: Varies

Proof required: Yes

Olin Corporation Pensioners - Your Pension Benefits May Be Underpaid

Did you start receiving a pension from Olin Corporation? Were you married when your benefits started? If so, you may be receiving pension benefits that are too low and you may have a claim.

Did your benefits start in the last six years? If so, and if you were married when you started receiving benefits, you may not be getting all of the benefits you earned from your defined pension benefits. It is possible to obtain greater benefits than what you are currently receiving from your Olin Corporation pension benefits.

Generally, retirees who get a pension are entitled to a monthly payment for the rest of their life, which is called an annuity. Retirees can choose to receive their pension benefits as an annuity just for them or they can choose an annuity with a “survivor benefit” — which continues the monthly payments to a spouse after the retiree dies. For married retirees, the default option is a “survivor benefit.” To convert a normal annuity to a survivor benefit annuity, plans use complicated formulas based on life expectancies and interest rates.

How Do I Qualify for Compensation?

You may be asked the following questions to pre-qualify you:

• Whether you are currently receiving a Joint and Survivor Annuity (JSA) from Olin Corporation?

• If you began receiving the Joint and Survivor Annuity (JSA) within the past six (6) years?

If you were married when your benefits began, and you know the estimated month and year you started collecting your pension benefits, please use the links below to see if you qualify: