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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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
February 18, 2020
Apprenticeship Programs, Employee Benefits, Multiemployermultiemployer trust funds, multiemployer trustee boards
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On November 20, 2019, Senators Chuck Grassley and Lamar Alexander released the Multiemployer Pension Recapitalization and Reform Plan proposal. The proposal was released in the form of a white paper… Read more >
Jenny Lucey, CEBS
November 26, 2019
Defined Benefit (DB) Plans, Employee Benefits, MPRA, Multiemployer, PBGC, Pensions, Retirementmultiemployer pension plans, Multiemployer Pension Recapitalization and Reform Plan
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Each year, 5,000 trustees, administrators and plan advisors gather to share ideas and learn from each other. While many come from opposite ends of the bargaining table, the camaraderie is… Read more >
Stacy Van Alstyne, CEBS
November 12, 2019
Employee Benefits, MultiemployerAnnual Employee Benefits Conference
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The median cost of benefits for multiemployer health plans increased by 54% over the ten-year period from 2007 to 2016, reaching $10,853 per participant per year (PPPY), according to a… Read more >
Justin Held, CEBS
October 14, 2019
Employee Benefits, Health Care, Multiemployermultiemployer health plans
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