This makes a buyout or a significant risk transfer two possibilities they could pursue, according to RiskFirst.
Tag: funding status
They are seeking reductions as high as 50%.
The fund would be used to make loans to multiemployer defined benefit (DB) plans that are in critical or declining status or that are insolvent but not terminated.
DB plan sponsors making additional cash contributions to fund their plans should consider locking in those funding gains to reduce the amount of operating cash they allocate to their plans in the future.