TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
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Pollard & Associates
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New York City District Council of Carpenters Benefit Funds
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Fringe Benefit Group
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Senior Specialist 401k Recordkeeping T Bank N.A.
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Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
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Greenline Wealth Management
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Retirement Solutions Specialists
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Great Lakes Pension Associates, Inc.
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Defined Contribution Account Manager Nova 401(k) Associates
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Retirement Planners and Administrators (RPA)
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Sixth Circuit Withdrawal Liability Decision Casts Doubt on Use of PBGC Rate
Akin Gump Oct. 6, 2021 "According to the 6th Circuit, a withdrawal liability interest rate that does not take into account the anticipated experience of the [multiemployer plan's (MEP's)] actual investment portfolio violates ERISA's mandate that the interest rate be based on the anticipated experience under the plan. It is virtually impossible to argue that the PBGC rate takes into account a MEP's investment portfolio or anticipated experience[.]" [Sofco Erectors, Inc. v. Trustees of Ohio Operating Engineers Pension Fund, No. 20-3639 (6th Cir. Sept. 28, 2021)] |
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