The MHPAEA is the Multiemployer Pension Reform Act of 2009. It was signed into law on October 25, 2009, and it amends the Employee Retirement Income Security Act (ERISA). The MHPAEA makes several changes to pension plans for workers in multiemployer plans.
One of the most important changes made by the MHPAEA is that employers must provide notice to employees if their plan is going to be impacted by the act. You can click on this site to contact the top-rated companies that offer their best services.
This notice must be given at least 60 days before any change is made to the plan. Employees have the right to object to any proposed changes and have a hearing if they believe their rights have been violated.
The MHPAEA also requires multiemployer plan administrators to adopt uniform pension funding standards and disclosure rules. This will make it easier for workers to understand their pensions and make sure that all pension plans are treated equally.
If you are an employee in a multiemployer pension plan and your employer does not comply with the MHPAEA, you may be entitled to benefits under your pension plan. In order to find out if you are eligible for benefits, contact your pension plan administrator or speak with a lawyer.
You also may have the right to file a lawsuit against your employer. In order to get paid appropriately, you should make sure that your employers are complying with all applicable laws and regulations. You should contact an experienced employment law attorney if you have any questions about your rights under the MHPAEA or other labor laws.