The provision would beef up the PBGC and provide a boost for multiemployer and single-employer plans. But it would also freeze COLAs.
The Building Material Drivers Local 436 pension plan is expected to run out of money by 2023.
Lawsuit claims that such behavior is widespread throughout the burger chain, and points to defenestrated CEO.
Local 805 Pension Fund can begin cutting benefits as of Jan. 1.