
Justices agree that actuaries can use up-to-date assumptions in assessing prices of leaving a multi-employer pension plan
Yesterday’s decision in M&K Employee Solutions v. Trustees of the IAM National Pension Fund was just about precisely what you’d have anticipated given the argument: a brisk rejection of the concept that the Worker Retirement Revenue Safety Act of 1974 obligates actuaries to make use of out-of-date assumptions after they




