The COVID-19 global pandemic has added urgency to the case for paperless employee benefit fund administration. In her article “A Virus Makes Paperless Fund Administration Go Viral” in the September… Read more >
Kathy Bergstrom, CEBS
October 21, 2020
Coronavirus (COVID-19), Employee Benefits, Multiemployer, U.S.COVID-19, paperless administration
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According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2003-2017), the average defined contribution (DC) plan account balance increased significantly from 2003 to 2017, growing to $43,500 while aggregate… Read more >
Justin Held, CEBS
October 19, 2020
Defined Contribution (DC) Plans, Employee Benefits, Multiemployer, Retirement, U.S.multiemployer plans
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According to the most recent data from The Multiemployer Retirement Plan Landscape: A Fifteen-Year Look (2003-2017), demographic trends in multiemployer plans have become less favorable as the number of actively… Read more >
Justin Held, CEBS
October 12, 2020
Defined Benefit (DB) Plans, Employee Benefits, Multiemployer, Pensions, Retirement, U.S.multiemployer pension plans
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Significant expected turnover on multiemployer benefit fund trustee boards and the increasing complexity of serving as a trustee are among the key challenges faced by these boards. To address this… Read more >
Justin Held, CEBS
August 17, 2020
Employee Benefits, Multiemployer, U.S.multiemployer plans, multiemployer trustee boards, trustee recruitment
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The COVID-19 pandemic has drastically impacted benefit trust funds and will continue to have a marked effect on these plans. With volatile market performance that has not been seen since… Read more >
Jenny Lucey, CEBS
July 28, 2020
Defined Benefit (DB) Plans, Employee Benefits, Multiemployer, Pensions, Retirement, U.S.MPRA, multiemployer pension plans, PPA
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The coronavirus is a challenge unlike anything most employers have faced before. The challenges are even more unique in the multi-employer trust fund world. The pandemic has brought major changes… Read more >
Justin Held, CEBS
July 20, 2020
Canada, Coronavirus (COVID-19), Employee Benefits, Multiemployercoronavirus and the workplace, COVID-19
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The coronavirus is a challenge unlike most employers have faced. These challenges are even more unique in the multiemployer trust fund world. The pandemic has brought major changes to both… Read more >
Justin Held, CEBS
May 11, 2020
Coronavirus (COVID-19), Employee Benefits, Multiemployercoronavirus, COVID-19, Employee Benefits in a COVID-19 World Survey Report, multiemployer plans
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As multiemployer benefit plan boards of trustees adjust to a new way of operating during the coronavirus pandemic, many are using videoconferencing tools to conduct virtual trust meetings. Martha Henrickson,… Read more >
Kathy Bergstrom, CEBS
April 20, 2020
Coronavirus (COVID-19), Employee Benefits, Multiemployercoronavirus, COVID-19, virtual meetings
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One of the issues that multiemployer benefit funds must be concerned with is how the spread of COVID-19 may affect the ability of signatory employers to contribute to pension and… Read more >
Kathy Bergstrom, CEBS
April 8, 2020
Coronavirus (COVID-19), Employee Benefits, Multiemployercollection policy, coronavirus, coronavirus and the workplace, COVID-19, multiemployer plans, payroll audit
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All benefit plan sponsors are facing economic and coverage challenges during this coronavirus crisis, and multiemployer trustees are no exception. In a recent webcast, Paul Catenacci, an attorney with the… Read more >
Kelli Kolsrud, CEBS
April 6, 2020
Compliance, Coronavirus (COVID-19), Employee Benefits, Multiemployercoronavirus, COVID-19, Families First Coronavirus Response Act, FFCRA, multiemployer plans
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