Tag: Benefit cutback|Legislation|Multiemployer plan|PBGC|Pension Rights Center|Red zone/ critical status|Regulation|Traditional (defined benefit) pensions|Treasury Department
Retirees, experts testify at Multiemployer Pension Reform Act hearing
Federal regulators charged with implementing the Multiemployer Pension Reform Act of 2014 heard from concerned retirees and pension experts Thursday during a hearing convened by the IRS. “This is a dangerous precedent for all types of pensions,” Karen Ferguson, director of the Pension Rights Center, told the panel, which included officials with the Labor Department […]