According to its Spring 2019 Multiemployer Pension Funding Study, which analyzes the funded status of all U.S. MEPs, the aggregate funded ratio of MEPs fell from 81 percent to 74 percent between June 30 and December 31, 2018,
In its latest study of multiemployer pension plans, consulting and actuarial firm Milliman, Inc. finds that while the market tumble in 2018 brought losses, nearly a third of MEPs are funded at a rate of more than 90 percent.
However, it also found that plans that are severely underfunded might not be able to pull themselves out of the hole they're in without some assistance.
According to its Spring 2019 Multiemployer Pension Funding Study, which analyzes the funded status of all U.S. MEPs, the aggregate funded ratio of MEPs fell from 81 percent to 74 percent between June 30 and December 31, 2018, chiefly thanks to poor investment returns.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
