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Retired Segal exec’s work on multiemployer plans honored

Congratulating: NCCMP Executive Director Randy DeFrehn presents Judith Mazo, second from left, with the John L. Lewis Award. Looking on are previous winners, from left, Christopher Heinz, Phyllis C. Borzi and James S. Ray.

Judith F. Mazo, retired senior vice president and director of research at Segal Co., received the John L. Lewis Award from the National Coordinating Committee for Multiemployer Plans, confirmed Mary Feldman, spokeswoman for The Segal Co.

Phyllis C. Borzi, assistant secretary for the Labor Department's Employee Benefits Security Administration, presented the award at a NCCMP conference Oct. 8-10.

Ms. Mazo had been at Segal Co. for 31 years. She was one of the principal authors of the Multiemployer Pension Plan Amendments Act, which required an employer withdrawing from a multiemployer pension plan to pay a withdrawal amount equal to the difference between the present value of the plan's vested benefits and the current value of the plan's assets. While at Segal, she helped develop most of the IRS, Labor Department and Pension Benefit Guaranty Corp. regulations that govern multiemployer plans.

Ms. Mazo was appointed by two secretaries of labor to successive terms on the ERISA Advisory Council and President George W. Bush appointed her to the PBGC Advisory Committee in 2002. She was senior attorney for the PBGC and executive assistant to their general counsel from 1975 to 1979.

The John L. Lewis Award is named for the former president of the United Mine Workers of America and recognizes an individual or organization's achievements in the multiemployer arena.

This article originally appeared in the October 29, 2012 print issue as, "Retired Segal exec's work on multiemployer plans honored".