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Pension Fund Miscalculated Co.'s $23M Exit Fee, Judge Says

By Patrick Hoff ( April 4, 2025, 4:16 PM EDT) -- A Teamsters pension fund erred when it determined that a concrete company owed $23 million for withdrawing from the plan, an Illinois federal judge ruled, saying an arbitrator needs to reassess the calculation and give the employer proper credit for other payments made....

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