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Multiemployer Pension Plans at Risk Unless Congress Acts
U.S. Chamber of Commerce Link to more items from this source
[Opinion]
Feb. 26, 2014
"In addition to the recommendations from the [National Coordinating Committee for Multiemployer Plans], the Chamber believes that additional reforms are needed to address employer concerns. For example, we recommend that limitations be placed on the amount of withdrawal liability that an employer can assume....[M]any of our members [have received] estimates of withdrawal liability that exceed the net worth of the company. Clearly, this is an outcome that was never contemplated when withdrawal liability was implemented and should be rectified."

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