Could it be that the vast majority of the country's multiemployer pension plans are in fine shape? 

The headlines around multiemployer plans this year have not been pretty, so it's easy to assume they're all in trouble.

The Pension Benefit Guaranty Corp.'s balance sheet for its multiemployer insurance program certainly leaves that impression. According to it 2014 annual report, released Monday, the PBGC has less than $2 billion in assets to cover more than $42 billion in projected multiemployer plan liabilities. 

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