Multiemployer Pension Plans

19 02, 2015

PBGC, IRS Request Input on Multiemployer Plan Guidance

CORPaTH2015-02-19T23:17:30-08:00February 19th, 2015|Categories: PBGC|Tags: irs, Multiemployer Pension Plans, PBGC|

Regulators are looking for input from stakeholders in the multiemployer retirement plan industry before issuing guidance about the recently passed Multiemployer Pension Reform Act of 2014 (MPRA). In a request for information (RFI) from the Pension Benefit Guaranty Corporation (PBGC), the agency is asking for input about expanded rules for partitions and mergers of multiemployer plans. Section 122 of MPRA replaced the multiemployer partition rules under Section 4233 of the Employee Retirement Income Security Act (ERISA) with new rules. [...]

14 04, 2014

Thought Secure, Pooled Pensions Teeter and Fall

CORPaTH2014-04-14T17:37:59-07:00April 14th, 2014|Categories: Retirement|Tags: Multiemployer Pension Plans, PBGC, pooled investment funds|

The pensions of millions of Americans are being threatened because of trouble in a part of the retirement world long considered so safe that no one gave it a second thought. The pensions belong to people in multiemployer plans — big pooled investment funds with many sponsoring companies and a union. Multiemployer pensions are not only backed by federal insurance, but they also were thought to be even more secure than single-company pensions because when one company in a [...]

19 03, 2014

Quick Looks at Multiemployer DB Plan Funding and Demographics

CORPaTH2014-03-19T22:03:14-07:00March 19th, 2014|Categories: Defined Benefit Plans|Tags: Multiemployer Pension Plans|

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19 03, 2014

Multiple employer plans grabbing more attention
Gallery
Multiple employer plans grabbing more attention

Retirement

Multiple employer plans grabbing more attention

CORPaTH2014-03-19T21:52:44-07:00March 19th, 2014|Categories: Retirement|Tags: Multiemployer Pension Plans, us department of labor, washington dc|

A concerted effort in Washington to get more employers to offer retirement plans has raised the profile of multiple employer plans, a largely untapped market for institutional money managers and other service providers. Unlike multiemployer plans, which serve employers in a specific industry and are typically collectively bargained and managed, a multiple employer plan is adopted by two or more unrelated employers that do not want the administrative burdens and fiduciary responsibilities of sponsoring a plan themselves. The three [...]

29 01, 2014