Some unions turning to variable benefit pension plan model

2018-12-28T08:22:02-08:00December 28th, 2018|Categories: Multiemployer Plans|Tags: |

As a special committee in Congress continues to grapple with ideas to help struggling multiemployer pension funds and to keep others from the same fate, an increasing number of trustees are forging ahead with shared-risk or variable benefit plan designs that can better match benefits to market returns. "If Congress does something creative with pension reform, that's great, but we weren't going to wait around for it. We wanted to take the initiative just in case something isn't worked [...]