Archived Insight | July 6, 2018

Latest Court Decision Affirms Use of the Segal Blend to Calculate Withdrawal Liability

This Update reviews a July 3, 2018 decision by the United States District Court for the District of New Jersey in Manhattan Ford Lincoln, Inc. v. UAW Local 259 Pension Fund (the Manhattan Ford decision), a case that addressed the calculation of withdrawal liability using the Segal Blend method. In its opinion, the court granted the pension fund’s motion for summary judgement. In doing so, it upheld the arbitrator’s findings that the use of funding assumptions is not required in calculating withdrawal liability and that Manhattan Ford Lincoln, Inc. failed to demonstrate that the actuary’s selection of the Segal Blend rate for purposes of that calculation was unreasonable. This decision is consistent with every other decision handed down in similar cases except for one since 1980 when withdrawal liability became part of the Employee Retirement Income Security Act (ERISA).

Get the full insight

Latest Court Decision Affirms Use of the Segal Blend to Calculate Withdrawal Liability Download Now

See more insights

Businessman And Client Having Discussion About Sfa

Trustee Considerations After Their Pension Plan Receives SFA

There are actions multiemployer plan trustees may wish to consider for extending the solvency of or otherwise strengthening their plan.
Senior Man Talks Serious Explaining In Meeting With Work Colleagues

Protecting Benefits During a Partial Pension Risk Transfer

This introduction to partial pension risk transfers is for plan sponsors interested in learning more to decide whether to pursue it as a strategy.
Businessman Leading A Discussion In A Boardroom

Considerations for Expanding Small Pension Cash-Out Rules

PBGC premiums are rising. Are you leaving savings on the table? See how a rule change about small pension cash-outs can cut multiemployer plan costs.

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.