Seventh Circuit Orders Pension Fund to Return Withdrawal Liability to Employer
By EsqSocial Corporation 28/03/24
An employer can contest a withdrawal liability assessment and ultimately prevail. That is the moral of Bulk Transport Corp. v. Teamsters Union No. 142 Pension Fund, No. 23-1563 (7th Cir. Mar. 22, 2024). Withdrawal Liability Generally- Withdrawal liability is a statutory liability imposed on employers whose obligation to contribute to union pension funds (called multiemployer pension plans) ceases in whole or part....
By: Jackson Lewis P.C.