Tag: critical and declining

Regulation November 3, 2023

District Court Upholds PBGC Denial of Restored Pension Fund’s Grant Application

Local 550’s plan was terminated in 2016 and restored itself in 2022 before applying for a special financial assistance grant, which was denied.

Risk December 20, 2019

Over 100 Multiemployer Pension Plans May Fail Within 20 Years

Plans, like the New England Teamsters', covering 1.4 million people are underfunded by $56.5 billion.