PNC Financial Service

Class action status is being sought in a federal lawsuit filed against PNC Financial Service on behalf of about 50,000 current and former PNC employees. The suit alleges that in 1999 the company illegally converted its traditional pension plan to a cash balance plan, which is worth much less money, and will result in a reduction in benefits as employees grow older.

Register your PNC Financial Service Case

If you feel you qualify for damages or remedies that might be awarded in this PNC Financial Service class action or lawsuit, please click here to fill in our form to submit your complaint.


Reader Comments

Posted by
I had a pension with PNC Bank and it was switched to a cash balance

Posted by
Bruce Jackson
I am one of the employees that was switched to a cash balance
what was the outcome of the suit

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