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PBGC Predicts Solvency Trouble for Multiemployer Plans
HR Daily Advisor 
Feb. 7, 2013
"PBGC projects a 36-percent probability its multiemployer pension insurance program will be insolvent by 2022 and a 91-percent chance of insolvency by 2032, with existing premium levels and economic conditions. These high levels of potential insolvency are attributed to the deterioration of a few large multiemployer plans. PBGC is expected to collect $1.3 billion in premiums from multiemployer plans over the next decade. However, the agency estimates its potential new obligations could increase by $37.6 billion."
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