News & Analysis as of

Unions Pension Reform

Groom Law Group, Chartered

Senate Republicans Release Proposal for Multiemployer Pension Reform

On November 20, Republican Senators Charles Grassley and Lamar Alexander – chairmen of the committees with jurisdiction over pensions – jointly released the Multiemployer Pension Recapitalization and Reformation Plan (the...more

Franczek P.C.

Illinois Supreme Court Strikes Down City of Chicago Pension Reform Legislation

Franczek P.C. on

Late last week, in Jones et al v. Municipal Employees’ Annuity and Benefit Fund of Chicago et al (“Jones”), the Illinois Supreme Court struck down Public Act 98-641, which aimed to shore up two ailing Chicago pension funds. ...more

Robinson & Cole LLP

Teamster Plan to Cut Pensions Presents Significant Issues for Manufacturers

Robinson & Cole LLP on

In April, the Teamsters Central States Pension Fund (“Central States”) announced its intention to cut the benefits of retired workers under the recently enacted 2014 Multiemployer Pension Reform Act (“MEPRA”). I previously...more

Robinson & Cole LLP

Five 2015 Labor and Employment Predictions for Manufacturers

Robinson & Cole LLP on

The second half of 2014 was a whirlwind of activity on the labor and employment front, and I expect that trend to continue in 2015 with manufacturers having to navigate the rapids created by these developments....more

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