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.

Read More

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.

Read More

Cheiron Study finds 114 multiemployer pension plans projected to fail within 20 years
More than a million participants could lose benefits

08/22/17

As many as 114 multiemployer pension plans are underfunded by $36.4 billion and expect to become insolvent within the next 20 years because they don't have money to pay participants their full benefits.

Read More