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1 New York, 2 Michigan Pension Plans Receive PBGC Assistance

The three supplemental SFA packages provide a total of more than $200 million.

Detroit , Michigan , United-states , American , Detroit-newspaper-union-plan , Graphic-communications-international-union , Graphic-communications-conference-of-the-teamsters-union , Graphic-communications-union , Pension-benefit-guaranty-corporation , Special-financial-assistance , Graphic-communications-conference

PBGC Supplements Aid to Newspaper, Painter, Graphic Communication Pension Plans

The three pension plans had additional SFA packages approved Friday.

Detroit , Michigan , United-states , American , Detroit-newspaper-union-plan , Graphic-communications-international-union , Graphic-communications-union , Graphic-communications-conference-of-the-teamsters-union , Pension-benefit-guaranty-corporation , Special-financial-assistance , Graphic-communications-conference

PBGC Approves Over $300 Million in SFA Funds to 3 Pensions | Chief Investment Officer

The struggling multiemployer plans cover nearly 2,000 participants.

Multiemployer-insurance-program , Detroit-newspaper-union , Financial-assistance-program , Graphic-communications-union , Pension-benefit-guaranty-corporation , Special-financial-assistance-program , Teamsters-local , Retirement-benefit-plan , Newspaper-union , Graphic-communications-union-local , New-jersey-based-local

PBGC Greenlights Over $300 Million For 3 Multiemployer Pensions

The Special Financial Assistance program funding will cover benefit payments for almost 2,000 participants.

Multiemployer-insurance-program , Detroit-newspaper-union , Financial-assistance-program , Graphic-communications-union , Pension-benefit-guaranty-corporation , Special-financial-assistance-program , Teamsters-local , Retirement-benefit-plan , Newspaper-union , Graphic-communications-union-local , New-jersey-based-local

Federal bailouts OK'd for 2 Detroit area union pension funds

The $146 million in bailout money goes to shore up the pensions of retired newspaper printers and graphic workers.

United-states , American , Butch-lewis , Joe-biden , Israel-castro , Detroit-free , Pension-benefit-guaranty-corp , Detroit-newspaper-union , District-council , Detroit-free-press , Graphic-communications-union , Graphic-communications

Understanding The Home State Exception To CAFA's Diversity Jurisdiction - Litigation, Mediation & Arbitration

The Class Action Fairness Act ("CAFA"), enacted in 2005, expanded federal jurisdiction over class actions. However, CAFA contains some exceptions, or instances when a federal court may not exercise jurisdiction.

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