As articles #1 & #2 below point out – Pension Reform of the multi-employer plans is now on the table, and time is quickly running out! As you read the news snip of #1 & #2, pay attention to the wording used. ALL parties will compromise in dealing with pension underfunding solutions – if any… Continue Reading
Tag Archives: PBGC
Our Building Trades Pensions – Updates on Relief – “IF” – “WHEN” – “HOW MUCH” –
Posted in Labor Rising Also tagged Building Trades, Critical and Declining Pensions, Labor Rising, MPRA 2014, Multi-employer Pensions, Organizing, Pension Reform, Under-funding Comments closed
Great Trustee or Not – The Grade
Trustees in the modern era 2006 to present – A- This class of Trustees has inherited the Fund and have to find solutions and/or tell the membership what is going on. What they inherited: • Approx. 120 of these 1400 total Taft-Hartley funds are for all practicality insolvent • Having to put additional contributions and… Continue Reading
Posted in Labor Rising Also tagged Building Trades, Labor Rising, Pension Reform, PPA, Taft-Hartley Comments closed
Solutions Not Bailouts –
Anytime you have this Congress working together you have to ask yourself why? Here is the link to the Solution for Multi-employer Pension Reform for your review. This is the PPA extension/solution. http://www.solutionsnotbailouts.com/About/About-our-plan The PBGC has said for quite a while that approx. 120 multi-employer pension funds have been severely under-funded. How those funds got… Continue Reading
Posted in Labor Rising Also tagged Building Trades, Labor Rising, Solutions not Bailouts, Under-funding Comments closed
