Press Releases

Cheiron Study finds 117 multiemployer pension plans may fail within 20 years
1.4 million participants could lose benefits

12/17/19

Unless lawmakers pass legislation soon to save struggling multiemployer pension plans, it may be too late for some. As many as 117 multiemployer pension plans covering 1.4 million participants are underfunded by $56.5 billion and have informed regulators and participants that they could fail within the next 20 years because they don't have enough money to pay the full promised benefits.

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Cheiron Study finds 121 multiemployer pension plans may fail within 20 years
More than 1.3 million participants could lose benefits

11/01/18

As many as 121 multiemployer pension plans covering 1.3 million workers are underfunded by $48.9 billion and have informed regulators and participants that they could become insolvent within 20 years because they don't have the money to pay the full promised benefits.

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