Plan sponsors in multiemployer pension funds should quickly look out for any potential fallout from the new Multiemployer Pension Reform Act of 2014, also known as the Kline-Miller Amendment.
This is particularly true for employers that make contributions to any "red zone/critical status" funds or "yellow zone/endangered status" funds.
The most publicized change under the new law, which was just signed by President Obama, allows some troubled multiemployer pension plans to reduce benefits of workers and retirees.
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