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Multiemployer Pensions: Will the Recent Bailout Destroy Pensions (in the Long Run)?
STUMP 
[Opinion] 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." MORE >> |
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