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Multiemployer Pension Funded Status Bounces Back in 2019
Milliman 
Feb. 26, 2020 "The aggregate funded percentage for all multiemployer plans is estimated to be 85% as of December 31, 2019, up from 74% at the end of 2018.... [T]here are now a higher percentage of plans above 100% funded and below 50% funded compared to 12 years ago.... The aggregate funded percentage of the 130 critical and declining plans at the end of 2019 was 37%. That is half of what it was for the same plans at the end of 2007 (74%)." MORE >> |
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