It's no secret that many pension funds are struggling to stay afloat with recent economic conditions, but many companies that contribute to multiemployer pension plans may start to get some unsettling news about the funding of these plans and the potential effect on their future costs. Multiemployer pension plans cover mostly unionized employees who typically change jobs often, such as in the hotel, construction or trucking industries. Instead of each company supporting a plan, multiple businesses contribute to a plan to provide...
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