According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2002-2016), the average defined contribution (DC) plan account balance increased significantly from 2002 to 2016, growing to $38,900, while aggregate disbursements also grew. The increase in disbursements—coupled with a lack of growth […]
According to the most recent data from The Multiemployer Retirement Plan Landscape: A Fifteen-Year Look (2002-2016), demographic trends in multiemployer plans have become less favorable, as the number of actively working participants shrank relative to the number of inactive and retired participants. […]
Workers are becoming increasingly burdened by growing student loan debt balances, which by some estimates have reached an average of $28,650 per graduate. According to the new International Foundation study Education Benefits: 2019 Survey Results, employers are recognizing this burden and taking […]
