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Pension Funds › Multi-Employer Pensions › Pensions

Jackson Lewis P.C.

Is Relief For The Plight Of Multiemployer Pension Plans In The Works?

Jackson Lewis P.C. on

I – Overview of the Butch Lewis Emergency Pension Plan Relief Act- The much-heralded Butch Lewis Emergency Pension Plan Relief Act of 2021 (the “Butch Lewis Act of 2021”) is closer to becoming a reality as part of the...more

Proskauer - Employee Benefits & Executive...

Bipartisan Budget Act Extends MAP-21 Pension Funding Relief and Increases PBGC Premiums

Proskauer - Employee Benefits & Executive... on

On Monday, November 1, 2015, President Obama signed into law the Bipartisan Budget Act of 2015 (the “BBA”) which brings familiar changes for sponsors of defined benefit pension plans. Similar to the Moving Ahead for Progress...more

Franczek P.C.

Central States Pension Fund Submits ‘Rescue Plan’ Seeking Approval to Reduce Benefits

Franczek P.C. on

On September 25, the Central States Pension Fund (one of the largest multiemployer/union pension funds in the country) submitted to the U.S. Department of Treasury a proposed “rescue plan,” which would allow the fund to...more

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