Pensions
Outlook Improves for Multiemployer Reform in 2021, 2022
Democratic control of Congress could help break the deadlock over passing legislation to protect pensions and the PBGC.
Senators Grassley and Alexander say it’s too late to include their plan in year-end legislation.
The Building Material Drivers Local 436 pension plan is expected to run out of money by 2023.
COO James Girardi admitted he was aware of illicit arrangement between CEO and PBGC official.