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