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Court Rejects 'Segal Blend' for Withdrawal Liability Calculations
October Three Consulting 
Apr. 10, 2018 "[T]he court found that the plan's Trustees and Enrolled Actuary do not have complete discretion in their choice of an appropriate discount rate in determining withdrawal liability for employers that significantly reduce or entirely cease contributing to a multiemployer plan.... [This article will] discuss why ... the judge ruled on this issue the way he did, [and] what this could mean for other employers withdrawing from multiemployer funds[.]" [The New York Times Co. v. Newspapers & Mail Deliverers'-Publishers' Pension Fund, No. 17-6178 (S.D.N.Y. Mar. 26, 2018)] MORE >> |
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