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Second Circuit Rules in Favor of Employer in Multiemployer Plan Withdrawal Liability Case
October Three Consulting 
Jan. 30, 2020 "In vacating the lower court's decision, the 2nd Circuit chose to eliminate the leeway that actuaries to multiemployer trusts were considered to have in changing the interest rate retroactively after the last measurement date used to determine withdrawal liability owed by contributing employers that withdraw from those plans." [The National Retirement Fund, et al. v. Metz Culinary Management, Inc., No. 17-1211 (2d Cir. Jan. 2, 2020)] MORE >> |
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