Pensions
Multiemployer Plan Funded Levels Fall Despite American Rescue Plan Aid
Investment losses dragged aggregate funded levels 12 percentage points lower in 2022.
Investment losses dragged aggregate funded levels 12 percentage points lower in 2022.
The total funding shortfall for more than 1,200 plans balloons by $85 billion in six months.
Funded levels fluctuated from 85% down to 72% and back up to 82% during first six months of the year.
Funding shortfall for the plans increased by $51 billion during period.