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Multiemployer plan

Breaking Pension Promises is No Solution at All

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Complexity is to be expected when discussing an issue like pensions. So for the moment let’s make things simple: 150 to 200 multiemployer plans are severely underfunded and may run out of money in 15 to 20 years if no action is taken.

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Should union pensions be cut?

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Congress is expected soon to consider the recommendations of a coalition of unions, pension administrators and employers supporting tough measures to save its pensions.

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ERISA Anti-Cutback Rule at Heart of Debate On NCCMP Proposal for Multiemployer Plans

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There is one thing representatives for multiemployer pension plans can agree on: The system needs to be strengthened if it is going to survive.

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PBGC Multiemployer Guarantee Calculator

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Calculate how much your pension would be
if your multiemployer pension plan were to run out of money

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Multiemployer Retiree Cutback Calculator

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Calculate your possible pension loss

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Thought Secure, Pooled Pensions Teeter and Fall

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The pensions of millions of Americans are being threatened because of trouble in a part of the retirement world long considered so safe that no one gave it a second thought.

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Multiemployer Plans in the Spotlight, But Congress May Broaden Retirement Focus

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The sunset of Pension Protection Act multiemployer plan provisions at the end of 2014 could provide Congress and others with the impetus to finds ways to change the U.S. retirement system.

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Retired union workers facing 'unprecedented' pension cuts

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Hundreds of thousands of retired union workers are facing pension cuts that could slash their monthly payments in half — or even more.

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Pilfering Your Pension [audio]

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PRC Executive Vice President and Policy Director Karen Friedman appeared on the Heartland Labor Forum to discuss the retirement income crisis and the threat of unprecedented cuts to earned pension benefits. Segment begins at approximately 35:00 in the program.

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Pension rights group objects to cutting retiree benefits

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The Pension Rights Center agrees that many multiemployer pension plans are in financial distress right now, and that reforms are needed, but it told a House committee this week that it doesn’t agree with the idea of cutting existing benefits to retirees.

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