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Senators Introduce Proposal for Multiemployer Pension Rescue
Elizabeth Bauer in Forbes
Nov. 21, 2019 "Senators Chuck Grassley (R-Iowa) and Lamar Alexander (R-Tenn.) ... released a proposal to rescue struggling multi-employer plans and the multi-employer arm of the PBGC itself, which is otherwise anticipated to become insolvent in 2025.... [T]he Multiemployer Pension Recapitalization and Reform Plan ... is a complex set of reforms intended to get the system past its current crisis and provide stability moving forward." MORE >> |
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