Tag: Taft-Hartley

In a report to Congress, the agency says the program will likely run out of money by 2025.

While retirees say the cuts are unfair, regulators say without them, the result could be much worse.

Increased employer contributions are still insufficient to cover growing unfunded liabilities.

This was one suggestion made by a witness at the U.S. Senate Committee on Finance hearing about multiemployer pension plan...

The Treasury Department now has three requests it must review.

2015 was the first calendar year since 2008 that institutional investors overall had a negative return.

The final rule includes minor changes to an interim final rule issued last year in response to public comments.

However, a bankruptcy court judge has granted Walter Energy’s request to terminate retiree benefits for union workers.

While only one-quarter of plans are in the red zone, those plans account for half of participants.

The situation looks especially dire for multiemployer pension plans, the ratings agency says.

The multiemployer program deficit is $52 billion, and the single-employer program deficit is $24 billion.

The hearing will specifically address rules concerning the participant vote on an approved suspension of benefits under MPRA.

Global equity returns weighed heavily on the median returns for all plan types in the third quarter, according to Wilshire...

A federal court has weighed in on what “the highest contribution rate” means in the calculation of a multiemployer plan...

An actuary report says the Central States plan is projected to become insolvent in 2026.

Certain notices to the PBGC must now be filed electronically.

If the successor liability notice requirement excludes notice of contingent multiemployer pension plan liabilities, “a liability loophole would exist,” the...

A judge has found that a professional employer organization violated the law when it stopped pension plan contributions after a...

The bill would repeal the provision in recent pension reform that would allow multiemployer plans to cut benefits.

Bankruptcies need not be imminent to ask PBGC to approve a partition.