SCOTUS Appears to Favor Pension Actuaries in Exit Bill Fight (1)

The US Supreme Court on Tuesday appeared poised to side with pension fund actuaries in a dispute that could swing the ...
JD Supra

Withdrawal Liability: Third Circuit Paves New Path for Pension Funds to Collect from Affiliated Employers

The Third Circuit recently held in Laguna Dairy that, under certain circumstances, a settlement agreement over a withdrawal liability dispute can constitute a revised withdrawal liability assessment ...
PLANADVISER

Supreme Court Hears Arguments to Determine How Multiemployer Plans Assess Withdrawal Liability

As employers push for a hard year-end cutoff in withdrawal liability calculations, court justices questioned why actuarial ...
SCOTUSblog

How much does it cost to withdraw from a multiemployer pension plan?

Next week’s argument in M&K Employee Solutions v. Trustees of the IAM National Pension Fund presents a technical question of ...
JD Supra

Sixth Circuit Rules that Pension Fund Did Not Properly Calculate Withdrawal Liability

When an employer has an obligation to contribute to a multiemployer pension fund, and the fund is underfunded (a deficit between assets and future projected payout obligations), an employer who ceases ...
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Pension fund faces backlash for ignoring member' s withdrawal instructions

A provident fund has come under fire from the Pension Funds Adjudicator (PFA) for paying out a member’s withdrawal benefit without his consent and for failing to comply with the rules of the fund and ...