Why is Impala being discontinued?

There’s a few reason for why Chevrolet is cancelling the Impala. One of which is that buyers just aren’t buying these types of vehicles as frequently. Still, other GM vehicles like the Chevy Volt and Cruze, along with the Cadillac CT6, Cadillac XTS, and Buick Lacrosse were discontinued as well.

Is Impala a luxury car?

Test Drive the Best Value Luxury Car When you see everything the 2020 Impala has to offer at such a reasonable price, you’ll agree it’s the best luxury car for the money. It looks nice, offers a delightful performance, and is loaded with sophisticated technology and comfort features.

When was the Pension Reform Act of 2014 repealed?

On 1 July 2014, President Goodluck Jonathan signed into law the new Pension Reform Act 2014 which repealed the Pension Reform Act of 2004 (repealed Act).

What was the multiemployer pension reform act of 2014?

On December 16, 2014, the Kline-Miller Multiemployer Pension Reform Act of 2014 (MPRA) was enacted into law. In MPRA, Congress established a new process for multiemployer pension plans to propose a temporary or permanent reduction of pension benefits if a plan is projected to run out of money before paying all promised benefits.

Can a pension plan cut benefits under MPRA?

The Multiemployer Pension Reform Act of 2014 (MPRA) gives the trustees of certain underfunded multiemployer plans that meet the definition of being in “critical and declining” status almost unprecedented authority to cut retiree pension benefits.

When is the commencement date of the Pension Reform Act?

The Act does not specify a commencement date. The Interpretation Act provides that where no date of commencement is contained in an Act, the commencement day shall be the day the Act is passed or signed into law. Unless a commencement date is inserted before the Act is gazetted, the commencement date will be 1 July 2014.

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