Retirees: United States Engaged In Uncompensated Taking By Authorizing Pension Cuts

(August 2, 2018, 11:07 AM EDT) -- WASHINGTON, D.C. — Retirees on July 31 sued the United States of America in federal court challenging the Kline-Miller Multiemployer Pension Reform Act of 2014 (MPRA), arguing that they have a legal right to fair compensation for the government’s authorization of trustees of private pension plans to cut vested pensions retroactively (William King, et al. v. United States, No. 18-1115, Fed. Clms.)....

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