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Third Circuit Validates Pension Plan's Right to Revise Withdrawal Liability Assessment
Tucker Arensberg, P.C.
Apr. 24, 2025 "The Third Circuit ... ultimately agreed with the Fund holding that the settlement agreement was a revised withdrawal liability assessment.... [T]he settlement agreement was properly understood under the Multiemployer Pension Plan Amendments Act (MPPAA) as a revision to the withdrawal liability assessment and because no employer sought arbitration with respect to that revised assessment, the Fund had a cause of action[.]" [Central States, SE & SW Areas Pension Fund v. Laguna Dairy, S. de R.L. de C.V., No. 23-3206 (3d Cir. 2025 Mar. 27, 2025)] MORE >> |
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