Tag: PPA Classification
![Hand holding coins in birds nest.](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_4-1536x1024.jpg)
The brief’s key findings are: While most multiemployer pension plans are finding their financial footing, a substantial minority face serious problems. The key reason is a declining financial base, which results in negative cash flow. Plans deemed in “critical” condition can raise contributions, cut future benefits, and/or cut “adjustable” benefits that apply to retirees as well as…