Experts Analyze the Finalized Union Pension Relief Funding Framework
A handful of important changes were made this week to the Pension Benefit Guaranty Corporation’s Special Financial Assistance program for...
Tag: MPRA
The Argument to Save Pensions by Saving Unions
Some sources say growing union membership to previous levels could go a long way toward solving many of the most...
Actuarial Firms, Treasury Clash Over Union Pension Cuts
Lead actuaries at Segal say the Treasury Department is preparing to wrongfully reject an application to reduce benefit payments made...
First Facilitated Merger of Multiemployer Plans Approved by PBGC
Under the Multiemployer Pension Reform Act, if one or more of the plans in the merger is in critical and...
Lawsuit Challenges Benefit Cuts Under the Multiemployer Pension Reform Act
Plaintiffs seek government compensation for participants “prevented from accessing their own financial property.”
‘Peeps’ Candy Company Loses Appeal in Multiemployer Pension Funding Case
The employer sought to carve out new hires from a critical-status multiemployer pension fund and instead direct their contributions into...
CRR Assesses Options for Helping Multiemployer Plans
In an issue brief, researchers for the Center for Retirement Research at Boston College discuss plan partitions, benefits cuts, subsidized...
Another Multiemployer Plan Approved for Benefits Reductions Under MPRA
Some industry experts say the process of applying for benefit suspensions is proving more stringent than applicants and industry experts...
Meant to Aid Struggling Multiemployer Plans, MPRA Adds Complications
Under the Multiemployer Pension Reform Act, the Treasury must review pension plan applications for benefit suspensions—but the process is proving...