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. […]
Running an effective apprenticeship program requires the management of a wide variety of key stakeholders. Navigating this complicated landscape and avoiding potential pitfalls have long been concerns of these contacts. The International Foundation Apprenticeship Program Answer Guide can help. This online, member-exclusive […]
Update: The Joint Select Committee on Solvency of Multiemployer Pension Plans was charged with developing and releasing proposed legislation by November 30 to resolve multiemployer pension solvency challenges. On November 29, the Committee’s co-chairs announced that more time is needed. According to […]
