On May 6, 2016, the Treasury Department announced that it—along with the Department of Labor and the Pension Benefit Guaranty Corporation—was rejecting the application the Central States Teamsters filed for benefit reductions (a.k.a. suspensions), as submitted in September 2015. In rejecting the […]
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 […]