THE SEVENTH CIRCUIT WEIGHS IN ON AN INTEREST ASSUMPTION FOR WITHDRAWAL LIABILITY PURPOSES

On August 20, 2012, in the case of Chicago Truck Drivers Helpers and Warehouse Workers Union (Independent) Pension Fund v. CPC Logistics Inc., No. 11-3034, the Court of Appeals for the Seventh Circuit affirmed an arbitrator’s decision that the pension plan trustees over-assessed an employer’s withdrawal liability by $1,093,000.  

To read this blog post click here...