In June, GM said it will offer 42, 000 white-collar retirees in the U.S. a lump-sum payment in lieu of their monthly pension check and will transfer pension responsibility for 76, 000 others to a group annuity plan managed by Prudential Insurance.

FORBES: Leadership, Not Another Bailout, Will Fix GM (And No, It Is Not Going Bankrupt)

Put another way, women may have further reasons to forgo a company lump sum payment in favor of a monthly pension stream of payments.

FORBES: Women Live Longer Than Men But Save Less For Retirement

Only those who file for and receive a lump-sum payment later in the year will waive their right to litigate.

CNN: STORY HIGHLIGHTS

Once the moratorium expires, Mr. Dorman, of Staten Island, will be responsible for covering the missed months in a lump-sum payment.

WSJ: New York Officials Probe Mortgage Lenders

The offer was a 1% rise in 2013, a 4% increase in 2014 a 1% lump sum payment.

BBC: Jersey workers vote to ballot on industrial action

The offer was a 1% rise in the next two years and a 1% lump sum payment.

BBC: Jersey teachers may strike over States pay offer