Articles Tagged with ''multiemployer pension plans''

Workforce

Federal Agency Sees Improved Picture for Multiemployer Pension Plans

August 3, 2023

Billions in aid from American Rescue Plan Act have had a major impact on the pension plans, which are used by tens of thousands of construction workers.

Coronavirus and Construction

House-Passed $1.9T Covid Relief Package Moves to Senate

Tom Ichniowski

February 28, 2021

No Comments

Bill offers $1B for transit projects but is light on construction funds; changes to boost multi-employer pension plans are added

Coronavirus and Construction

House Passes $3T Relief Bill With $15B for Highways, Fixes for PPP, Multiemployer Pensions

Tom Ichniowski

May 17, 2020

2 Comments

GOP blasts bill, but measure may be Democrats' opening proposal for negotiations toward a compromise measure.

Construction Workforce

PBGC OKs Construction Union Locals' Pension Fund Merger

Tom Ichniowski

January 15, 2020

No Comments

Merger of New York State LIUNA locals' pension funds is first under 2014 multiemployer pension law.

Construction Workforce

GOP Senators Propose Remedy for Ailing Multiemployer Pension Plans

Tom Ichniowski

November 23, 2019

2 Comments

Plan sharply different from House-passed bill, which creates new federal loans for troubled pension plans.

Construction Workforce

Senate Confirms Scalia to be Labor Secretary

Attorney faces key construction issues, including apprenticeship proposal

Tom Ichniowski

September 17, 2019

No Comments

Update 9/26: Nominee approved on 53-44 vote along party lines.

More than half of multiemployer plans are in construction's unionized sector

Pension Agency Paints Grim Picture for Multiemployer Program

Tom Ichniowski

August 8, 2019

One Comment

Unless Congress acts, PBGC says multiemployer program will run out of funds by end of FY 2025.

Construction Workforce

House Passes Bill to Aid Ailing Multiemployer Pension Plans

Tom Ichniowski

July 24, 2019

No Comments

UPDATE 7/26/19: House approves bill to create a federal loan program to help plans in distressed condition.

Multiemployer Pension Fix From Congress Unlikely Until 2019

Tom Ichniowski

December 19, 2018

No Comments

A special congressional committee missed its Nov. 30 deadline for developing a plan to help troubled U.S. multiemployer pension plans.

Construction Workforce

Federal Multiemployer Pension Program's Health Worsens

Multiemployer plans are common in unionized construction sector

Tom Ichniowski

August 3, 2017

No Comments

PBGC says its 2016 multiemployer program deficit grew to $58.6 billion from 2015's $55.5 billion.

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Articles Tagged with ''multiemployer pension plans''

Federal Agency Sees Improved Picture for Multiemployer Pension Plans

House-Passed $1.9T Covid Relief Package Moves to Senate

House Passes $3T Relief Bill With $15B for Highways, Fixes for PPP, Multiemployer Pensions

PBGC OKs Construction Union Locals' Pension Fund Merger

GOP Senators Propose Remedy for Ailing Multiemployer Pension Plans

Senate Confirms Scalia to be Labor Secretary

Pension Agency Paints Grim Picture for Multiemployer Program

House Passes Bill to Aid Ailing Multiemployer Pension Plans

Multiemployer Pension Fix From Congress Unlikely Until 2019

Federal Multiemployer Pension Program's Health Worsens

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