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National Coordinating Committee for Multiemployer Plans Comment Letter to IRS on Proposed Section 415 Regulations (PDF)

4 pages. Excerpt: These comments focus on three features of the proposal of special concern to multiemployer plans: the special rules for plans maintained by more than one employer, the exclusion from the definition ofcompensation of payment for services after the end of direct employment, and the rules on multiple annuity starting dates.

Text of Amicus Brief of National Coordinating Committee for Multiemployer Plans to Supreme Court on Tracing Requirement for ERISA Benefit Overpayments (PDF)

"If adopted by this Court, Montanile's position would make an ERISA plan's reimbursement and subrogation provision unenforceable -- effectively nullifying the provision -- whenever a beneficiary dissipates the money he or she recovers from a tortfeasor, or would otherwise place significant administrative burdens on an ERISA plan whenever it seeks to enforce an equitable lien." [Bd. of Trustees of the National Elevator Industry Health Benefit Plan v. Montanile, No. 14-11678 (11th Cir. Nov. 25, 2014; cert. pet. granted Mar. 30, 2015)]

2007 Conference Highlights: National Coordinating Committee for Multiemployer Plans

Excerpt: Click on the links ... to view the videos of our 2007 Annual Conference in Flash Player format. If you do not have the free Flash Player you can download it by clicking on the red Adobe Flash logo located in the box [on the target page].

National Coordinating Committee for Multiemployer Plans Comment Letter to IRS on 411(d)(6) Regulations (PDF)

4 pages. The comments were submitted electronically on November 21, 2005.

ERISA Anti-Cutback Rule at Heart of Debate on Proposal for Multiemployer Plans (PDF)

"Only plans that are in danger of becoming insolvent ... and which, after making necessary adjustments, will remain solvent, would be eligible for relief under the [National Coordinating Committee for Multiemployer Plans' (NCCMP)] proposal... Amending the anti-cutback rule could also help prop up the PBGC ... The problem with giving trustees the ability to cut retirees' pension benefits is that, 'when you give them the discretion to do so, in many cases they're going to have to use it' [said Karen Friedman, executive vice president and policy director at the Pension Rights Center in Washington, D.C.]."

2006 Pension Reform Legislation As It Affects Multiemployer Plans

The NCCMP has posted the following: a 1-page Failure to act sanctions chart at http://www.nccmp.org/legislative/reform2006/SanctionSummary_v5.pdf; a 3-page document on major Conference issues to be resolved at http://www.nccmp.org/legislative/reform2006/MajorConfIssues3-9.pdf; and a 38-page chart on the reform legislation Compared to the Multiemployer Pension Plan Coalition Proposal at http://www.nccmp.org/legislative/reform2006/SideBySide_Final206.pdf.

Update on the Senate Multiemployer Pension Rescue Proposal: The NCCMP's Point of View

"The answer is, of course, compromise -- a mix of government funds, increased funding/premiums, and benefit cuts that asks as much as is reasonable of plan sponsors and participants and retirees ... and uses federal funds to fill in the gaps. Has the Senate's proposal hit this target? It's hard to say ... but, in a letter addressed to Senators Grassley and Alexander by the National Coordinating Committee for Multiemployer Plans (NCCMP), the NCCMP and its executive director, Michael Scott, report that, in their view, the proposal falls short."

Solutions Not Bailouts: Recommendations of the Nccmp Retirement Security Review Commission (PDF)

35 pages. "This report of the Retirement Security Review Commission (the 'Commission') represents the culmination of over a year of work by dozens of representatives from more than forty labor and employer organizations, plans and large employers from across the multiemployer universe that utilize multiemployer defined benefit pension plans as their primary form of retirement security. The genesis of the Commission was twofold: first, to provide Congress with input regarding the impending sun- set of the multiemployer funding provisions of the Pension Protection Act of 2006 (PPA) scheduled for the end of 2014; and second, realization of a need for fundamental restructuring of some basic precepts of ERISA for multiemployer plans if such plans are to continue their mission for the foreseeable future."

Results of the 2009 Survey of the Funded Status of Multiemployer Defined Benefit Plans (PDF)

"The survey covered areas such as the assets, liabilities, participants, investments, and contributions to these plans both before and after the 2008 market crash. The purpose of this survey was to assess the impact of the market contraction and gather informationthat would be helpful to members of the multiemployer community, lawmakers, federal regulators, and the public[.]"

NCCMP's 'Legislative Scorecard' Page Updated for August 2005

Excerpt: NCCMP has culled proposed legislation from the current Congressional session. The chart below describes those bills and resolutions that we feel are of interest to our multiemployer pension and health plans. The chart also tracks bill status and gives our comments to the upcoming legislation.