Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says
HR Daily Advisor
NOVEMBER 20, 2017
Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. Milliman said the gap between the funded percentages of multiemployer plans in critical status versus plans not in critical condition has continued to widen considerably since the market crash in 2008. Jane Meacham is the editor of BLR’s retirement plan compliance publications.