Justice Dept.: Central States Pension Plan Agrees to Repay Excess Special Financial Assistance Funds
April 10, 2024
April 10, 2024
WASHINGTON, April 10 -- The U.S. Department of Justice issued the following news release:
The Central States, Southeast and Southwest Areas Pension Plan (Central States) has entered into a civil settlement agreement pursuant to which it has agreed to repay more than $126.5 million in excess funds that it received from the Pension Benefit Guaranty Corporation (PBGC) in connection with the PBGC's Special Financial Assistance Program.
The American Rescue Plan Act of 2021 e . . .
The Central States, Southeast and Southwest Areas Pension Plan (Central States) has entered into a civil settlement agreement pursuant to which it has agreed to repay more than $126.5 million in excess funds that it received from the Pension Benefit Guaranty Corporation (PBGC) in connection with the PBGC's Special Financial Assistance Program.
The American Rescue Plan Act of 2021 e . . .