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Third Circuit: PPA Surcharges Not Included in Withdrawal Liability
PLANSPONSOR; free registration may be requiredLink to more items from this source
Oct. 6, 2015
"C&S Wholesale Grocers argued that a [PBGC] opinion letter suggested that an average of the contribution rates in its three CBAs should be used to determine its withdrawal liability from the IBT Local 863 Pension Fund. However, the court said it would not consider the argument since it found that the plain language of the MPPAA required otherwise." [Bd. of Trustees of the IBT Local 863 Pension Fund v. C&S Wholesale Grocers, Inc., No. 14-1956 (3d Cir. Sept. 16, 2015)]

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