A potential significant liability is possible if the company withdraws from a multi-employer pension plan.

Name: A potential significant liability is possible if the company withdraws from a multi-employer pension plan.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If a company withdraws from a multi-employer pension plan, they may be responsible for paying their share of any underfunded benefits in the plan. This can result in a significant liability for the company.

A Potential Significant Liability Is Possible If the Company Withdraws