Despite all of the bad news surrounding the most critically underfunded multiemployer pension plans, the overall state of collectively bargained retirement plans is strong, according to analysis from the International Foundation of Employee Benefit Plans and Horizon Actuarial Services.
A study of the ten years between 2004 and 2013, the most recent year for which Form 5500 data is available, show there were 1,387 defined benefit multiemployer plans sponsored in the country.
All but 28 were financially solvent, according to the study.
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