Pension Analytics Group Questions Efficacy of Multiemployer Pension Loans
Findings reported in a new white paper suggest that government-subsidized loans would not be an effective mechanism for preventing multiemployer...
Tag: multiemployer pension plans
Opinions |
Barry’s Pickings: November 7—Five Good Questions
Michael Barry, president of October Three (O3) Plan Advisory Services LLC, points out that, while the candidates for the midterm...
PBGC Posts 2019 Premium Rates
A table on the PBGC’s website shows that the flat-rate premium for single-employer plans has grown from $31 in 2007...
‘Red Zone’ Multiemployer Pension Plans May Never Recover
But with Congressional assistance, there is hope for these plans, Segal Consulting says.
Opinions |
Multiemployer Plans Pose Hidden Dangers for Employers
Elliot Dinkin, CEO, Cowden Associates, discusses what plan sponsors should consider about participating in a multiemployer, or Taft-Hartley, plan.
New PBGC Rules Aimed at Facilitating Multiemployer Plan Mergers
The Pension Benefit Guaranty Corporation says that mergers can protect the benefits earned by workers and retirees and extend the...
Congressional Democrats Continue Butch Lewis Act Advocacy
The Butch Lewis Act offers a way to preserve union retiree pension benefits through an emergency loan program funded with...
PBGC Issues Policy Statement on Multiemployer Plan Withdrawal Liability
The agency identifies information that would be helpful for plan sponsors to provide to help it evaluate proposed alternative terms...
Will Strong Support for RESA Remain After Mid-Terms?
Although Senator Orrin Hatch, champion of the Retirement Enhancement and Savings Act, is retiring in January, there is still much...
Institutional Investor Returns Rebound From Q1 2018
Institutional assets tracked by Wilshire Trust Universe Comparison Service (Wilshire TUCS) posted an all-plan median return of 0.88% for second...
Lawsuit Challenges Benefit Cuts Under the Multiemployer Pension Reform Act
Plaintiffs seek government compensation for participants “prevented from accessing their own financial property.”
Four Multiemployer Pension Plans Apply to Reduce Benefits
They are seeking reductions as high as 50%.
Stakeholders Beg Congress to Act on Solvency of Multiemployer Pension Plans
Passionate testimony from a Teamster to the Joint Select Committee on the Solvency of Multiemployer Pension Plans appeared to outshine...
Workers Urge Committee to Fix Multiemployer Pension Crisis Now
The committee was told that benefit cuts are not the answer and was urged to reform withdrawal liability rules.
District Court Upholds Use of Segal Blend to Calculate Multiemployer Pension Liability
Commenting on the decision, Segal Consulting says it is “consistent with every other decision handed down in similar cases except...
Segal Consulting: Change to Actuarial Assumptions Not Reasonable for Multiemployer Plans
David Brenner, senior vice president and national director of Multiemployer Consulting points out that, “a change to a considerably lower...
PBGC Asks to Obtain Withdrawal Liability Information from Multiemployer Plans
The agency says it needs the information to estimate its multiemployer program liabilities for purposes of its financial statements.
PBGC Report Shows Dire Status for Multiemployer Plan Insurance Program
The likelihood the program will remain solvent after FY 2026 is now less than 1%.
As PBGC Director Works on Pension Crisis, Senators Question Trump’s Decision to Oust Him
Reeder recently told the Joint Select Committee on Solvency of Multiemployer Pension Plans that insolvency of the PBGC multiemployer program...
Think Multiemployer Pension Insolvencies Aren’t Your Problem?
Tens of thousands of employers in the U.S. contribute to multiemployer pension funds that are in critical and declining status,...