Retirees Say Lumber Co.'s $1.5B Pension Transfer Upped Risk <https://www.law360.com/insurance/articles/2273878?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-12-16&read_main=1&nlsidx=0&nlaidx=5> By Patrick Hoff A wood product manufacturer violated federal benefits law when it transferred $1.5 billion of pension obligations to a private equity-backed insurance company, substantially increasing the risk that retirees will see their benefits slashed, according to a proposed class action filed in federal court. Complaint attached | Read full article » <https://www.law360.com/insurance/articles/2273878?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-12-16&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/insurance/articles/2273878?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-12-16&read_later=1&nlsidx=0&nlaidx=5>