The New England Teamsters and Trucking Industry Pension Fund, in its long-running legal attempt to collect withdrawal liability, has filed a petition with the U.S. Supreme Court.
Tag: multiemployer plans
The single-employer program, however, has continued to improve since its emergence from a deficit.
The agency has included revised instructions regarding disaster relief to reflect recent changes made to PBGC’s practice.
The Pension Benefit Guaranty Corporation says that mergers can protect the benefits earned by workers and retirees and extend the solvency of troubled plans.
To determine the impact of such a change, the firm performed a detailed analysis of two national multiemployer plans.
The Pension Benefit Guaranty Corporation (PBGC) is issuing guidance to assist multiemployer pension plans that request PBGC review of alternative plan rules for satisfying employer withdrawal liability.