Finanse publiczne · 05/05/2016

New Limitations on Pension Plan Benefits Imposed by MPRA

The Multiemployer Pension Reform Act of 2014 (MPRA) sets stricter rules for pension plans facing financial difficulties, allowing sponsors to reduce benefits if certain conditions are met, including assuming liability for benefits provided to participants and beneficiaries by withdrawing employers.

Source: Federal Register — Department of the TreasuryOpen original release →

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