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The Single Biggest Problem for Multiemployer Pension Plans
J.P. Morgan Asset Management
Nov. 26, 2018
"[I]ncreasing contributions, decreasing benefits or providing a federally backed loan all call the viability of the broader defined benefit system into question. If confidence in the system is eroded, the potential economic drags ... may become even more severe as participation decreases and employers see profitability come under pressure."
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