Think Multiemployer Pension Insolvencies Aren’t Your Problem?
Tens of thousands of employers in the U.S. contribute to multiemployer pension funds that are in critical and declining status,...
Tag: multiemployer pension plan
‘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...
New Joint Committee Seeks Input on PBGC Solvency, Multiemployer Pensions
U.S. Senators Orrin Hatch and Sherrod Brown are seeking public and industry input on ways to improve the solvency of...
Court Rules Method for Calculating Multiemployer Plan Withdrawal Liability Was Improper
A federal district court has ruled a multiemployer pension fund's use of the "Segal Blend" rate when assessing a member's...
Court Finds Multiemployer Plans Can Impose More Than Withdrawal Liability on Employer
The 11th U.S. Circuit Court of Appeals ultimately determined there is no explicit restriction saying a critical-status multiemployer plan’s board...