Tag: Multiemployer Pension Plans

Some call for loans, others call for widespread reform for insolvent multiemployer pension catastrophe.

Funding shortfall for the plans increased by $51 billion during period.

Northwestern professor says annuities could have helped avoid the crisis.

Funded level of Segal Group model falls to 95% from 102%.

Proposed legislation aims to save critical and declining multiemployer pension plans.

The number of multiemployer pensions in critical status has fallen for the sixth straight year.

Draft of plan calls for $3 billion a year to subsidize payments for retirees.

Projections now show a 90% chance the program will run out of money in seven years.

Despite rising funded status trend, many plans will run out of assets within 10 years.

PBGC says it would only be able to pay less than one-eighth the minimum benefit.

Single-employer program improves as deficit nearly halved to $10.9 billion.

Reports take half-empty, half-full view of pension funding.