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The Spectre of Multiemployer Pension Failures Haunts This Election
Karen Friedman, via The Hill Link to more items from this source
[Opinion]
Oct. 30, 2020

"It's imperative that a new COVID-19 relief package -- whenever it's passed -- shore up multiemployer pensions ... [If] this piece of the retirement system is allowed to collapse, it would not only hurt current and future pensioners, it would deal an outsized blow to the employers who contribute to their plans, and to the economy.... Many of these plans are hurtling toward insolvency, while others are deteriorating from the economic fallout of the pandemic. The stakes are so high in some states that the issue could swing the election."

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