Steelworkers Pension Trust alleges it is owed more than $112 million in withdrawal liability payments

Via PennRecord

By Louie Torres

PITTSBURGH – A nonprofit, multiemployer benefit pension plan alleges a New York private holding company and its subsidiaries failed to pay withdrawal liability payments.

Steelworkers Pension Trust by Daniel A. Bosh filed a complaint on Jan. 31 in the U.S. District Court for the Western District of Pennsylvania against The Renco Group Inc., Ilshar Capital LLC, Blue Turtles Inc., Unarco Material Handling Inc., Iteva Products LLC, The Doe Run Resources Corp. and US Magnesium LLC citing the Employee Retirement Income Security Act.

Read the full article here.

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