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Multiemployer, 4062(e) Changes Enacted, And Now It's Time to See How It Shakes Out

Bloomberg BNA's Pension & Benefits Reporter
Date Published: 
Tuesday, January 20, 2015

Congressional negotiations over a budget bill late last year introduced a landmark change to ERISA on the law's 40th anniversary: To preserve their multiemployer defined benefit plans, trustees and participants can now voluntarily decide whether to reduce benefits instead of waiting for plan insolvency.