Multiemployer plans untangle reforms

Hazel Bradford
Pensions & Investments
February 10, 2015

Some multiemployer pension fund executives are trying to figure out whether to take advantage of a controversial new reform law that allows potential benefit cuts for participants and retirees. Others are hoping for further reforms to allow for alternative plan designs.

The Multiemployer Pension Reform Act of 2014 — passed swiftly in December — allows deeply underfunded plans to take unprecedented steps to avoid insolvency but comes with strings attached. It also gives federal regulators some new tactics that could help save troubled multiemployer plans (Pensions & Investments, Dec. 22).

Click here to read more at Pensions & Investments.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Happy 4th of July!

TDU wishes all Teamster brothers and sister and their families a happy 4th of July.

Double Check Your UPS Retro Pay Check!

UPS Teamsters are finally getting their nine months of retro pay for our contractual raises. Check to make sure you’re getting what you are due, using TDU's retro pay calculator. 

View More News Posts