Tag: Bankruptcy|PBGC|Plan termination|Traditional (defined benefit) pensions
Pension Authorities Sue Dewey Seeking Termination of Dewey Retirement Plans
On Monday, in a new turn of events adding to the despair of Dewey & LeBoeuf employees, the Pension Benefit Guaranty Corp has filed a lawsuit against the firm in a federal court in Manhattan. The federally-owned U.S. government corporation is seeking a decree to terminate a big number of Dewey retirement plans.