Central States Pension Fund Illustrates Crisis Facing Multi-Employer Pension PlansMichelle Jones
The pension crisis continues across the U.S., and public employees aren't the only ones affected by it. Ninety-three percent of the biggest defined-benefit plans covering S&P 500 companies aren't fully funded, which means those who were counting on pensions to support their retirement must immediately plan for the worst-case scenario. Congress has just waded into the fray on multi-employer pension plans by forming the Joint Select Committee on Solvency of Multiemployer . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible