A lawsuit by three
The retirees haven’t sufficiently alleged that the Treasury Department’s implementation of the law is a governmental taking of their private property under the Fifth Amendment, the government said in its Nov. 1 motion filed in the U.S. Court of Federal Claims.
The retirees filed the first challenge to the Multiemployer Pension Reform Act, also known as the Kline-Miller Act, earlier this year. The 2014 law allows a multiemployer ...
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