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More Union Plans Apply to Cut Benefits

Outlet: 
PlanSponsor
Date Published: 
Monday, February 29, 2016

According to the Pension Rights Center, the Iron Workers Local 17 Pension Fund, based in Ohio, was the second multiemployer plan to apply to the U.S. Treasury Department for permission to cut benefits under the Multiemployer Pension Reform Act of 2014 (MPRA).

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