Judge Says Lumina Retirees Have No Injury—Because the Athene Time Bomb Hasn’t Exploded Yet

A federal judge has dismissed another pension-risk-transfer lawsuit because Athene has not yet missed a pension check.  https://www.asppa-net.org/news/2026/9/lack-of-standing-stymies-prt-suit/ That is not financial analysis. That is waiting for the fire before admitting someone replaced the sprinkler system with a garden hose. In Dow v. Lumen Technologies, Lumen transferred approximately $1.4 billion of pension obligations covering 22,600 … Continue reading Judge Says Lumina Retirees Have No Injury—Because the Athene Time Bomb Hasn’t Exploded Yet