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Building and Construction Industry Exemption to Withdrawal Liability May Apply Narrowly

A recent decision from the Southern District of New York reveals that courts may be inclined in some withdrawal liability cases to narrowly apply the building and construction industry exemption based on the nature and...more

PBGC Proposes Rule Change for Withdrawal Liability Discount Rates

In an apparent effort to resolve uncertainty caused by court rulings, the Pension Benefit Guaranty Corporation has proposed that actuaries of multiemployer pension plans should be allowed to use any interest rate for...more

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