High Court Urged To Review Withdrawal Liability Ruling, Resolve Assumptions Split

(May 22, 2024, 11:07 AM EDT) -- WASHINGTON, D.C. — Seeking U.S. Supreme Court review on a Multiemployer Pension Plan Amendments Act (MPPAA) decision that created a circuit split on “a narrow but very important question,” employers use March Madness to criticize a “wildly impractical” that they say allows retroactive changes to “actuarial assumptions after the measurement date to increase a withdrawing employer’s withdrawal liability.”...