Government Wins Summary Judgment In Pension Dispute Involving The MPRA

Mealey's (May 3, 2023, 2:40 PM EDT) -- WASHINGTON, D.C. — Ruling that the physical-takings test does not apply and that the plaintiffs “have not demonstrated that a regulatory taking occurred,” a U.S. Federal Claims Court judge granted summary judgment for the government in a suit seeking compensation for cuts to the plaintiffs’ vested pension benefits that plan trustees made under the Multiemployer Pension Reform Act of 2014 (MPRA)....