Only 10% of Multiemployer Plans Are in Critical and Declining Status
Nearly two-thirds (64%) of multiemployer plans are in the green zone, according to data from Segal Consulting.
Tag: multiemployer pension plans
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Barry’s Pickings Online: The Limits of the “Science” of Prediction
Michael Barry, president of the Plan Advisory Services Group, discusses how the accounting measures for multiemployer plans contributed to their...
Morningstar Recommends Policies to Increase Small Employer Retirement Plans
Morningstar says the U.S. can learn from the UK.
Democrats Unveil Bill to Create Rehabilitation Trust Fund
The fund would be used to make loans to multiemployer defined benefit (DB) plans that are in critical or declining...
CRR Assesses Options for Helping Multiemployer Plans
In an issue brief, researchers for the Center for Retirement Research at Boston College discuss plan partitions, benefits cuts, subsidized...
Another Multiemployer Plan Approved for Benefits Reductions Under MPRA
Some industry experts say the process of applying for benefit suspensions is proving more stringent than applicants and industry experts...
Multiemployer DB Plans Show Signs of Recovery
Investment returns are the biggest factor in multiemployer plans’ funded status improvement, according to Milliman data.
Meant to Aid Struggling Multiemployer Plans, MPRA Adds Complications
Under the Multiemployer Pension Reform Act, the Treasury must review pension plan applications for benefit suspensions—but the process is proving...
PBGC Proposes Changes to Form 5500 Reporting by DB Plans
The agency is proposing two modifications for multiemployer plans and one modification for single-employer plans.
Court Finds Multiemployer Plans Can Impose More Than Withdrawal Liability on Employer
The 11th U.S. Circuit Court of Appeals ultimately determined there is no explicit restriction saying a critical-status multiemployer plan’s board...
PBGC Offers Financial Assistance to Union Plan Approved for Benefits Reductions
The agency says the financial assistance, together with benefit reductions that are required as a condition for receiving PBGC assistance,...