What do you think of Bernie Sanders’ multiemployer pension proposal?
Forbes post, “Some Good News On Multiemployer Pensions”
So you tell me: is my hope that Congress will find a fair, long-term-sustainable solution to the multiemployer pension crisis reasonable or misplaced?
Forbes post, “No, Multi-Employer Pension Woes Have Not Been Fixed”
Congress is attempting a do-over on multiemployer pension plan rescue legislation. But it’s not the right answer this time, either.
Forbes post, “More Tales Of Woe: The United Mine Workers Of America 1974 Pension Plan”
Because, believe it or not, in the early 2000s, this now nearly-insolvent plan was fully funded.
Forbes post, “The (Second) Fatal Flaw Of Multi-Employer Plan Laws”
Sure, we can debate to what degree multi-employer plans were mismanaged. But Congress didn’t give them the right tools to begin with.
Forbes post, “Actually, Central States’ Pension Plan Is Fully Funded”
Two pension plans with the same name and superficial similarities. Two rather different fates.