The Argument to Save Pensions by Saving Unions
Some sources say growing union membership to previous levels could go a long way toward solving many of the most...
Tag: multiemployer pension plans
Stars Have Aligned for Union Pension Funding Action
Sources hopeful for Congressional action say arguments about saving union pensions should be linked to the broader social and economic...
PBGC Announces Settlement to Benefit Multiemployer Pension Plan
The agency says the agreement delays the plan’s insolvency date and reduces the expected burden on its multiemployer plan insurance...
A Conversation With a Union Pension Funding Advocate
One outspoken advocate for the Butch Lewis Act says the time is ripe for addressing the funding challenges faced by...
PBGC Programs in Very Different Positions
The single-employer program is improving, but Director Gordon Hartogensis says it’s clear legislative help is needed for the multiemployer program.
Union Pension Funding Crisis Solution Remains Elusive
There are plenty of ideas to address the funding crisis facing certain multiemployer union pensions, but consensus federal legislation remains...
Kroger Takes More Action to Secure Retirement Benefits for Employees
The grocer has withdrawn from a multiemployer pension plan, and a new variable annuity pension plan will provide benefits for...
Products |
Principal to Launch PEP, Says More to Come
The firm is targeting its pooled employer plan at startups and companies with up to $10 million in retirement plan...
Supreme Court Denies Review of PE Firm Withdrawal Liability Case
The denial lets stand an appellate court decision that two entities of Sun Capital Partners, which bought a firm that...
Excessive Fee, Self-Dealing Charges Filed Against Pentegra-Sponsored MEP
The lawsuit says fiduciaries of the multiple employer plan failed to ensure reasonable fees for administration and investments and acted...
Products |
ERISApedia.com Launches New Edition of ‘Who’s the Employer eSource’
The eSource includes more than 30% new material from the previous edition and the material has been reorganized to make...
Tremendous Promise Foreseen for PEPs
Many retirement plan experts say they think the pooled employer plans authorized under the SECURE Act will open more doors...
Supreme Court Asked to Weigh in on Multiemployer Plan Withdrawal Liability for PE Firms
A multiemployer pension fund argues that an appellate court decision shields private equity firms that take on a withdrawing employer...
Investors Seek More Substantive PEP Guidance from DOL
Though they applaud the direction the Department of Labor is taking, expert ERISA attorneys say a new proposed rule does...
Considering the Potential Future Volatility for Multiemployer Plans
Whether a plan is in dire financial straits or not, many employers likely want to get out of them, but...
Actuarial Firms, Treasury Clash Over Union Pension Cuts
Lead actuaries at Segal say the Treasury Department is preparing to wrongfully reject an application to reduce benefit payments made...
Musician Union Pension Benefit Cut Likely to Be Denied
The financial hardship faced by the American Federation of Musicians and Employers’ Pension Fund is characteristic of a broader problem—one...
Opinions |
COVID-19 Compliance Corner: Impact on Defined Benefit Plans
Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...
Senator Portman Presses Congress on Multiemployer Plan Reform
In an opinion piece, the senator offers three principles he believes bipartisan efforts should follow to solve the union pension...
Second Court Finds Use of Segal Blend Was Improper
A pension fund challenged the use of the Segal Blend to assess its withdrawal liability from a multiemployer plan instead...