Pension Fund Withdrawal Liability Can Cripple Companies When Terminating Union Relationships

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Pension Fund Withdrawal Liability Can Cripple Companies When Terminating Union Relationships
Barker Olmsted & Barnier

Jan. 10, 2011

"Terminating a union contract can be an expensive proposition for a business, if there is a pension fund involved. Under federal law, the union pension fund can assess a 'withdrawal liability' to cover unfunded pension benefits." MORE >>

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