Multiemployer plans weather 2020 with strong returns
By Hazel Bradford
Source: Pensions & Investments
Multiemployer pension plans managed to ride out the economic turbulence of 2020, thanks largely to investment returns, according to a Segal zone status survey released Wednesday.
Segal surveyed nearly 200 calendar-year plans that had to certify their zone status by April 30. Those plans, with a collective $125 billion in assets, represent approximately 25% of all multiemployer plan participants.
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