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Hewitt to face $9m bill for Enron pension error

Hewitt Associates, the pensions consultancy, is facing a payout of at least $9.15m (€6.3m) to make up for alleged mistakes in its calculations which led to both underpayments and overpayments to former workers of defunct energy trader Enron.

The US Department of Labor has asked a district court to order Hewitt to pay at least $9.15m into a settlement fund that was established to provide pension compensation to former Enron workers.

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