Tag: defined benefit plans

businessman shouting in megaphone, showing personal opinion

Some form of risk-sharing plan would be good, but coverage is the real issue. How did this happen?  Now that the shift from defined benefit plans to 401(k)s is almost complete (see Figure 1), everybody seems to be talking about defined benefit (DB) plans.  They were on the wish list of the United Auto Workers.&nbs…

senior man thinking on a balcony

The Butch Lewis Act is a good place to start a dialogue towards finding a solution. We’ve been focused on multiemployer pension plans in the last few weeks.  My colleagues – J.P. Aubry and Caroline Crawford – and I just released a comprehensive background study on multiemployer plans, and Senator Sherrod Brown (D-OH) and Representative Richard…