Status of Applications to Reduce Benefits​

• Applications for Benefit Suspension​, Department of Treasury, ongoing
  

• Struggling Cincinnati Pension Plan Applies for Benefits Reduction, Chief Investment Officer, 9/13/18
  
• 2 multiemployer applications to cut benefits approved, another one submitted, Pensions & Investments, 8/29/18
  
• Yea or Nay? 11 Pension Plans Await Agency OK on Benefit Cuts, Bloomberg BNA, 8/8/18
  
• Four Multiemployer Pension Plans Apply to Reduce Benefits, Plansponsor, 7/27/18
  
• Alaska Ironworkers Pension Plan approved for MPRA benefit cuts, Pensions & Investments, 5/8/18
  
• Four Pension Funds Apply for Benefits Reductions, Chief Investment Officer, 4/20/18
  
• Pressroom workers' pension fund applies for MPRA benefit reductions, Pensions & Investments, 4/11/18 
  
• US Treasury Approves MPRA Benefits Reduction for Michigan Pension, Chief Investment Officer, 11/7/17
  
• Teamsters pension cuts to take effect despite 2-1 opposing vote, The Daily Gazette, 9/13/17
  

Related News

• Report: Cost of Sherrod Brown pension bill much less than estimated, Columbus Dispatch, 9/12/18
  
• Retirees, Workers Use Rally to Sound Off on Underfunded Pensions, Bloomberg BNA, 7/20/18
  
• Multi-employer pension rally draws thousands to Ohio Statehouse, Cleveland, 7/12/18
  
• More conservative discount rates would hurt multiemployer pension system, Congress told, Pensions & Investments, 7/9/18 
  
• Think Multiemployer Pension Insolvencies Aren’t Your Problem?, PLANSPONSOR, 5/21/18
  
• Central States Pension Plan tells retirees the fund will be insolvent by January 2025, Kansas City Star, 5/2/18
  
• New Committee Hears What Led to Multiemployer Plan Crisis, Plan Adviser, 4/19/18
  
• 1 million Americans are counting on Congress to save their pensions, CNN Money, 4/17/18
  
• Congress Looking at [Resolving Problems Facing Some Multiemployer Pension Plans], Massillon Inde, 3/29/18 
  

• Alternative Withdrawal Liability Payment Guidance—What Does It Mean?, Word on Benefits blog, 4/16/18 
  
• Confronting and Surviving Insolvency: A Guide for Multiemployer Pension Plans, Benefits Magazine, October 2017
  
• A Balancing Act: Deciding Whether to Pursue Benefit Reductions Under MPRA​, Benefits Magazine, April 2016 ​​
  
• MPRA Aims to Strengthen PBGC, Benefits Magazine, February 2016​​
  
• Can a Merger Save Your Pension Plan?​, Benefits Magazine, October 2015
  
• PPA Paradoxes Eliminated: MPRA Offers Technical Corrections...and More​, Benefits Magazine, August 2015 
  
• MPRA Guidance-What Does It Mean?​, Word on Benefits blog, 7/13/15 
  
• Finding Goldilocks: The Retiree Representative Under MPRA, Benefits Magazine, June 2015 
  
• Multiemployer Pension Plan Reform: How Will the New Rules Impact Employers and Employees?, Benefits Magazine, April 2015
• Multiemployer Pension Reform Act of 2014, Benefits Magazine, February 2015             
• What the Cromnibus Law Means for Multiemployer Pension Plans, International Foundation Word on Benefits blog, 12/15/14

Analysis & Whitepapers

• The Multiemployer Pension Plan Crisis: Observations, Segal Consulting, 7/10/18
  
• Loan Programs for Underfunded Multiemployer Plans, American Acedemy of Actuaries, May 2018
  
• Data on Multiemployer Defined Benefit (DB) Pension Plans, Congressional Research Service, 5/1/18 
  
• Multiemployer Defined Benefit (DB) Pension Plans: A Primer and Analysis of Policy Options, Congressional Research Service, 3/29/18
  
• U.S. Chamber, National Coordinating Committee for Multiemployer Plans Release Principles for Multiemployer Pension Reform, NCCMP, 3/14/18
• The Multiemployer Pension Plan Crisis: The History, Legislation, and What's Next?, U.S. Chamber of Commerce, December 2017
• Multiemployer Pension Plans: Current Status and Future Trends, Center for Retirement Research at Boston College, November 2017
  
• Multiemployer Plans: Their Currrent Circumstances in Historical Context, DOL EBSA & Impaq International, September 2017
  

• Overview of Multiemployer Pension System Issues​, American Academy of Actuaries Issue Brief, June 2017​

• Honoring the PBGC Guarantee for Multiemployer Plans Requires Difficult Choices​, American Academy of Actuaries, 10/20/16 
  

• Solutions Not Bailouts, Retirement Security Review Commission, National Coordinating Commitee for Multiemployer Plans (NCCMP), February 2013