Finance & markets · 19/06/2015Updated: 10/17/2026 · 1 min read
Suspension of Benefits Under the Multiemployer Pension Reform Act of 2014
Summary
The US Department of the Treasury has released proposed regulations under the Multiemployer Pension Reform Act of 2014, which would allow multiemployer pension plans to reduce pension benefits for participants and beneficiaries if certain conditions are met. The regulations aim to address plans projected to have insufficient funds in the future.