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Multiemployer Plan Conundrum: Are Composite Plans the Answer?
Bloomberg BNA Link to more items from this source
May 12, 2016
"A hypothetical composite multiemployer pension plan could survive severe economic stress through a combination of contribution increases and benefit reductions ... The plan was presumed to be 100 percent funded in 2016, falling to 73 percent funded in 2017 as a consequence of the severe shocks similar to those that defined benefit plans experienced in 2008-2009, and projected to be at 60 percent funding in 15 years.... The analysis found that either of two possible realignment programs would increase the hypothetical plan's funding to 121 percent in 15 years -- slightly above the 120 percent funding requirement."

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