Tag: MEPS
In December 2019, Congress passed the SECURE Act, the first major piece of pension legislation since the Pension Protection Act of 2006. Proponents have characterized the passage of the SECURE Act as “a great victory for plan sponsors and American workers.” I would characterize the legislation somewhat differently – the changes are generally positive but…
Government missteps allowed the situation to get as bad as it is. For those of you who do not think about pensions on a daily basis, multiemployer plans are private sector defined benefit plans created by collective bargaining agreements between a labor union and two or more employers. They typically exist in industries with many…