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Can Multiemployer Pensions Build a 21st Century Plan?
Institutional Investor
Apr. 26, 2013 "In the four years since the financial crisis, the National Coordinating Committee for Multiemployer Plans (NCCMP) ... has been working to create solutions to the problems besetting multiemployer pensions. ... The first set of recommendations looks at how to strengthen the multiemployer pension system already in place.... The second area of concern deals with the 5 to 10 percent of red-zone multiemployer plans that are deemed 'deeply troubled'.... [B]ut it is the commission's third recommendation -- for new structures to deliver future pension benefits -- that offers truly forward-thinking solutions." MORE >> |
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