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Statement by Central States Pension Fund Regarding Treasury Department's Denial of Proposed Rescue Plan
Central States Pension Fund Link to more items from this source
[Opinion]
May 9, 2016
"Although the decision by our Trustees to file this application under provisions of the Multiemployer Pension Reform Act of 2014 (MPRA) was gut wrenching, we are disappointed with Treasury's decision, as we believe the rescue plan provided the only realistic solution to avoiding insolvency. The Central States Pension Fund Trustees will carefully consider the most appropriate next steps, based on this denial and the final guidance issued by Treasury on April 26."

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