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Lawsuit Alleging CBIZ Actuarial Error Moves Ahead
PLANSPONSOR; free registration may be required Link to more items from this source
Feb. 5, 2020

"At the core of this litigation are allegations that the defendants -- including some named individuals as well as CBIZ Inc. and CBIZ Benefits and Insurance Services Inc. -- made critical actuarial errors while conducting certain analyses for UPMC. According to plaintiffs, the errors allegedly cost UPMC more than $100 million dollars in unanticipated pension obligations after the UPMC Altoona acquisition." [UPMC v. CBIZ, Inc., No. 16-204 (W.D. Penn. Jan. 30, 2020)]

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