ERISA Services, Inc.
Kentucky Trust Company
Nicholas Pension Consultants
Loren D. Stark Company
Farmer & Betts, Inc.
Hochheiser Deutsch & Co, Inc.
Retirement Plan Consultants
RTD Financial Advisors
EPIC Retirement Plan Services
Plumbers Local Union No. 1 Benefit Funds
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|Multiemployer Pensions: Will the Recent Bailout Destroy Pensions (in the Long Run)?|
Apr. 6, 2021
"There may eventually be [multiemployer plan] reforms, but with a big cash injection into Central States Teamsters, the reckoning day has been pushed off. The real crisis was Central States Teamsters going under. It would have taken down the PBGC.... Unfunded liability of Central States Teamsters: ... $43.6 billion dollars ... a little over 50% of the estimated $86 billion cost of the MEP bailout."
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