Cooper v. IBM
Subclasses 1&2 Settlement

This site contains information regarding the settlement of the subclass 1 and 2 in the Cooper v. IBM Corporation and IBM Personal Pension Plan litigation.

This site provides the following information:

What Happens Next
       Settlement benefit election packages will begin to be sent within 60 days of the date the Cooper v. IBM case concluded, to class members who are eligible to begin to receive their settlement benefits. Because of the large number of class members, some class members may receive their election packages later. If you believe you are eligible to receive a settlement benefit and do not receive a package within 75 days of the date the Cooper v. IBM case concluded, you should call the Cooper Settlement Claims Administration at 1-866-716-4098. See the Settlement Agreement and Frequently Asked Questions for additional information regarding eligibility.

The Settlement Agreement
       To download a version of the Settlement Agreement formatted as a PDF file, click here.

Frequently Asked Questions
       Answers to Class Members' most immediate questions appear below. For a more comprehensive list of Frequently Asked Questions about the Settlement formatted as a PDF file, click here.

       For a more comprehensive list of Frequently Asked Questions about the Administration of Settlement Benefit Payments formatted as
a PDF file, click here.

How do I know if I am eligible to receive a benefit from this Settlement?
      Not all class members are eligible to receive a settlement benefit. For example, a class member is not eligible for a settlement benefit unless he or she accrued benefits under the IBM Personal Pension Plan for some period between 1/1/1995 and 6/30/1999. Whether a class member is eligible to receive a benefit is determined under the Settlement Agreement.

If I am eligible for a settlement benefit, when will I receive it?
      Class members who are currently employed by IBM will not be eligible to commence the settlement benefit until separation from IBM. A class member's settlement benefit generally will be paid at the same time as the class member's primary qualified plan benefit.

      Class members who are not currently employed by IBM are eligible to receive their settlement benefit immediately if they have previously commenced their entire primary qualified plan benefit. Otherwise, the settlement benefit will be paid when the class member begins to receive his or her primary qualified plan benefit.

Other Important Contact Information:
      For general information about the settlement, payment of the settlement, or to update your address, you may call 1-866-716-4098 Monday through Friday (excluding holidays recognized by the New York Stock Exchange) between 9:00 a.m. and 6:00 p.m., Eastern time.

       For eligibility claims or other information on the Settlement, you may send a written inquiry to Class Counsel:

            Douglas R. Sprong
            Korein Tillery, LLC
            P.O. Box 4310
            Fairview Heights, IL 62208

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Last updated: 01/16/2007

The content of this Web site has been approved by IBM and the counsel for Subclasses 1 and 2.