Tag: teamsters
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…
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…
