New York City District Council of Carpenters Benefit Funds
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Retirement Planners and Administrators (RPA)
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Fringe Benefit Group
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TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
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Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
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Great Lakes Pension Associates, Inc.
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Senior Specialist 401k Recordkeeping T Bank N.A.
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Pollard & Associates
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Retirement Solutions Specialists
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Defined Contribution Account Manager Nova 401(k) Associates
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Greenline Wealth Management
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Text of Second Circuit Opinion: Withdrawal Liability Must Be Based on Interest Rate in Effect on Measurement Date (PDF)
U.S. Court of Appeals for the Second Circuit Jan. 3, 2020 "[T]he assumptions and methods used to calculate the interest rate assumption for purposes of withdrawal liability [under the MPPAA] must be those in effect as of the Measurement Date.... Were it otherwise, the selection of an interest rate assumption after the Measurement Date would create significant opportunity for manipulation and bias.... Absent any change to the previous plan year's assumption made by the Measurement Date, the interest rate assumption in place from the previous plan year will roll over automatically." [The National Retirement Fund, et al. v. Metz Culinary Management, Inc., No. 17-1211 (2d Cir. Jan. 2, 2020)] |
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