Thought Secure, Pooled Pensions Teeter and Fall

2014-04-14T17:37:59-07:00April 14th, 2014|Categories: Retirement|Tags: , , |

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 [...]