Try our Advanced Search for more refined results

Expert Analysis

Costs To Pension Withdrawal Liability May Change

Law360, New York ( August 28, 2014, 10:15 AM EDT) -- Since 1980, employers withdrawing from participation in underfunded multiemployer defined benefit plans have faced the possibility of paying significant "exit fees" in the form of withdrawal liability. Multiemployer plans have often included any "surcharge" imposed by the Pension Protection Act of 2006 for plans in "critical status" when calculating a withdrawing employer's withdrawal liability. However, the U.S. District Court for the District of New Jersey recently ruled that the common practice of including automatic employer surcharges in calculating withdrawal liability is not supported by the Employee Retirement Income Security Act....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!