By Lisa Nagele-Piazza, includes "The U.S. Department of Treasury on May 6 denied a "rescue plan" proposed by the Central States Southeast and Southwest Areas Pension Fund—one of the largest multiemployer pension funds in the country. The fund has over 400,000 participants. ... The Treasury, however, rejected the rescue plan, stating that the proposal failed to meet the following criteria: ... That the proposed benefit suspensions be reasonably estimated to avoid insolvency. ... That the suspensions be equitably distributed across participants and beneficiaries. ... That the notice of proposed benefit suspensions be understandable to the average plan participant..."