Kline–Miller Multiemployer Pension Reform Act of 2014

The Kline–Miller Multiemployer Pension Reform Act of 2014 (Division O of Pub. L. 113–235 (text) (PDF)) is a federal law that was enacted in the United States on December 16, 2014, with the goal of allowing certain American pension plans that have insufficient funds, and thus are at risk of insolvency, to reduce the benefits they owe to participants.

Source: Wikipedia — Kline–Miller Multiemployer Pension Reform Act of 2014 (CC BY-SA 4.0)