New England Teamsters & Trucking Indus. Pension Fund., No. 10-10921-DPW (D.Mass. 2016), the court ruled on questions remanded by the U.S. Court of Appeals for the First Circuit in 2013 in Sun ...

Laguna Dairy ruling allows pension funds to revise withdrawal liability assessments, creating broader enforcement paths under Employee Retirement Income Security Act Third Circuit Ruling Expands ...

Employers that completely or partially withdraw from underfunded multiemployer pension funds are well aware that they may owe the fund withdrawal liability—an assessment against the employer of ...

The First Circuit found the funds did not constitute an implied partnership-in-fact, reversed the decision of the district court, and held withdrawal liability could not be imposed.

Withdrawal credits are the portion of an individual’s assets in a pension that the employee is entitled to withdraw when they leave a company. Skip to content News ...

Pension-fund managers across the U.S. are rethinking their investments in hedge funds in the wake of a retreat by the California Public Employees’ Retirement System.

Also, increasing plans' withdrawal liability income would have an overall positive effect on the multiemployer system and PBGC's multiemployer program, the PBGC said.

A withdrawal is a removal of funds from a bank account, investment plan, pension, or trust fund. Often, you must meet conditions to avoid penalties and fees.

The Dallas Police and Fire Pension system voted Thursday to halt all withdrawals and payments from its deferred retirement program, as a series of mass withdrawals has drained more than $500 ...

NYC Pension Funds Withdraw Investments From Private Prisons The decision affects investments totaling about $48 million The action is the first such pension divestment in the U.S.

The pension is fast running out of cash. Soon, the fund will have to sell assets to cover the lump sum withdrawals – a worst-case scenario that would drive the fund even quicker to insolvency.