A new rule proposed by the Pension Benefit Guaranty Corporation (PBGC) would increase the certainty of withdrawal liability determinations for multiemployer benefit plans and likely help prevent withdrawal liability disputes from going to arbitration and litigation, PBGC officials say. The proposed permissible […]
By: Julie Stich, CEBS On December 13, 2014, Congress passed the Multiemployer Pension Reform Act of 2014 (MPRA) as part of the federal spending “cromnibus” bill, the Consolidated and Further Continuing Appropriations Act, 2015. The multiemployer defined benefit pension reform provisions were introduced […]