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Better to Split Up than Prop Up Troubled Multiemployer Pension Plans
Charles Blahous, Manhattan Institute for Policy Research 
[Opinion] Nov. 13, 2018 "One idea being pushed aggressively by the sponsor community is actually no solution at all, and should be taken off the table as soon as possible: namely, propping up insolvent multiemployer plans with taxpayer-financed loans. To put it bluntly, the loan approach is unfair, irresponsible, and it wouldn't work. Such loans would essentially be a continuation of ill-considered policies that to date have failed, and would only cause the costs of pension underfunding to soar still further." MORE >> |
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