Sixth Circuit Demands Fresh Withdrawal Liability Calculation in Pension Dispute
In a recent decision, the Sixth Circuit ruled that a pension fund’s actuary must re-evaluate a Michigan paving firm’s withdrawal liability, rejecting the use of artificially low interest assumptions tied to policy goals rather than actuarial reality. Case Overview & Ruling The case centered on Ace-Saginaw Paving Co.’s partial exit from the Operating Engineers Local […]
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