M & K Employee Solutions, Inc. v. Trustees of IAM Nat. Pension, Docket No. 23-1209

When four companies tried to leave a pension plan in 2018, they thought they knew what they owed. Then the bill nearly tripled. A single change in how the pension fund's accountants calculated the debt that was made months after the official measurement date pushed the companies' combined bill from roughly three million dollars to roughly ten million dollars. Now the Supreme Court has ruled that such changes are legal, a decision that could reshape how companies budget for leaving pension plans nationwide.music for the podcast provided by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Dimitry Taras