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- Title
Multiemployer Plan May Not Use “Segal Blend” for Calculating Withdrawal Liability.
- Abstract
The article discusses a court case in which the U.S. Court of Appeals for the Sixth Circuit affirmed the ruling of a district court claiming that the use of the Segal blend method in the arbitrator's calculation of withdrawal liability of defendant was not the best method under the Multiemployer Pension Plan Amendments Act (MPPAA). In the case Sofco Erectors, Inc. v. Trustees of the Ohio Operating Engineers Pension Fund, Sofco Erectors appealed the calculated liability by the arbitrator.
- Subjects
UNITED States. District Court (Massachusetts); PENSION Benefit Guaranty Corp.; MULTIPLE employer trusts; TERRORISM insurance; MULTIEMPLOYER pension plans; LEGAL professions; LIFE insurance; LEGAL judgments; COLLECTIVE labor agreements; LIFE insurance policies
- Publication
Benefits Quarterly, 2022, Vol 38, Issue 2, p60
- ISSN
8756-1263
- Publication type
Article