Central States Has Repaid SFA Overpayment
The multiemployer plan was overpaid $127 million for the accidental inclusion of about 3,500 dead participants in their grant application.
Tag: Central States
PBGC Says Central States Will Reimburse SFA Overpayment
Central States is currently working with the DOJ to negotiate the repayment of a $127 million overpayment from the PBGC.
Central States Pension Plan Negotiating $127M Repayment With DOJ
With the PBGC director at a subcommittee hearing, House Republicans indicated the PBGC should lower premiums for its single-employer insurance...
DOL Says Central States Must Repay $127M SFA Overpayment
Central States was granted $127 million that it was not entitled to because the PBGC counted over 3,000 deceased participants...
Central States Pension Received $127M from PBGC for Dead Participants
According to the fund, an error occurred due to its lack of access to more comprehensive data on deaths.