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Private Sector Multiemployer Pension Plans: Current Issues
Center for Retirement Research at Boston College Link to more items from this source
Aug. 12, 2014
"Multiemployer plans have been hurt by an expansion of benefits during the 1990s and the twin financial crises since 2000. Most are recovering, but a substantial minority faces serious funding problems. These problems are exacerbated by unique structural challenges: the cyclical nature of the construction industry, which covers the most plan participants; a low ratio of active to total participants that increases the burden on underfunded plans; and insufficient penalties for employers who withdraw from the plans."

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