Thomas Nyhan News Today

The multiemployer plan was overpaid $127 million for the accidental inclusion of about 3,500 dead participants in their grant application.

The plan reached a settlement with DOJ on Monday that will clear its debt with the PBGC.

The error was identified in November 2023, and the Central States pension plan has asked for legal clarity on how to return it.

According to the fund, an error occurred due to its lack of access to more comprehensive data on deaths.

Lawyers for the shuttered trucking giant say Central States can’t double-dip after getting a federal bailout. They also tease the ‘truly rare’ possibility that shareholders will...

The plan would put Yellow back on the road with thousands of unionized drivers, but would force the government to wait longer for a loan repayment.

Teamsters working for Yellow Corp. could go on strike July 24 after two Yellow operating companies “failed to fulfill their financial obligations,” the union said in a statement Tuesday. Yellow Corp., a transportation holding company, will be kicked out of the Central States Pension Fund July 23, according to a letter from Thomas Nyhan, executive…