Senators Grassley and Alexander Release a Proposal on Multiemployer Pension Plan Reform

2019-11-22T10:41:14-08:00November 22nd, 2019|Categories: Multiemployer Plans|Tags: |

On November 20, 2019, Chairman of the Senate Committee on Finance Sen. Chuck Grassley (R-IA) and Chairman of the Senate Committee on Health, Education, Labor and Pensions Sen. Lamar Alexander (R-TN) released the Multiemployer Pension Recapitalization and Reform Plan, in the form of a “White Paper” accompanied by a Technical Explanation (together referred to here as the “Reform Proposal”), that is intended to revamp the laws that apply to multiemployer defined benefit pension plans. The Reform Proposal comes at [...]